Robinhood News and Articles

Fintech company Robinhood will issue a beta version of its non-custodial digital asset wallet to 10,000 iOS customers on its waitlist. First, the company revealed the plans for launching a wallet in May. The Chief Technical Officer of the platform, Johann Kerbrat tweeted that Polygon will be the...

Online broker Robinhood will reduce its headcount by approximately 23% amid a deteriorating macroeconomic environment and negative developments in the cryptocurrency market. This is stated in a letter from the CEO of the company, Vlad Tenev. “In these new conditions, we are working with more...

Investing and trading application Robinhood revealed signing a deal to purchase UK-based digital money and crypto firm Ziglu. A blog post published by the company says that with the purchase, customers can buy and sell the eleven cryptos offered by Robinhood and earn income by "boosting"...

Trading platform Robinhood added four cryptos; Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC), and Compound (COMP). Robinhood announced the news via a blog post. The company mentioned that over 2021, crypto customers have continuously asked for sending and receiving tokens along with a wider...

Despite significant customer demand, online broker Robinhood has no intention of investing corporate funds in digital assets. That was announced at the conference The Wall Street Journal by CFO Jason Warnick. “We don't have a compelling strategic reason to invest a significant portion of...

The list of those waiting to open a crypto wallet is more than one and a half million people. At the moment, users of the Robinhood trading application can buy and sell some cryptocurrencies, but still, the service does not provide for such opportunities as exchanging cryptocurrencies with other...

Based on data that Robinhood released in its third-quarter financials, its crypto transaction revenue has dropped 78% over the past three months. Against this background, the total value of Robinhood shares fell by 10%. The document says that for the third quarter, the company received revenue much...

Online broker Robinhood has launched a service that automates investments in digital assets at regular intervals. Possible options include a day, a week, once every two weeks, and a month. The service cost is $ 1. Until the end of September, it will become available to all users, except for...

Menlo Park-headquartered financial services provider Robinhood published the results of the second quarter, 2021. As the report released on August 18 shows, the app’s crypto trading has grown. In Q2, cryptocurrency trading brought the company 41% of its revenue. Over this period the firm...

Popular trading broker Robinhood will be listed on Nasdaq today (July 29). However, before the listing itself, the company holds an Initial Public Offering (IPO) that allows earlier investments to the company's stock. This means all interested companies and individuals can invest in stocks....

Crypto trading operations provider Robinhood may present a feature that protects users from crypto price ups and downs. As mentioned in a report published by Bloomberg on July 27, iOS developer Steve Moser carried out an analysis of a new code running in a final product test of the Robinhood iPhone...

On July 1, California-based financial services company Robinhood filed for IPO with the US SEC. The news came one day later after being fined $70 M by Wall Street's industry regulator. Despite the fine and lawsuits, the platform has been growing. Currently, it holds over $80 M in assets and the...

Crypto trading provider Robinhood faced technical difficulties along with Dogecoin's record trading volumes. The first interruption happened on the site at 10:19 AM Eastern. Forty minutes later the platform announced via Tweeter that activities have been "restored for most clients"....

On April 8, trading operations provider Robinhood published a blog post announcing that in the Q1 of 2021 the number of customers of its crypto trading service reached 9.5 million. In the last quarter of the previous year, this number was 1.7 million. In March the company said that since the...

On March 23, online broker Robinhood has filed for an IPO (initial public offering) with the SEC in confidence. The team verified the news by posting a blog post. It's not clear yet how the process will be managed. However, according to Bloomberg, Robinhood considers listing the shares on...

The CEO of the trading services provider Robinhood, Vlad Tenev talked about the company's plans regarding cryptocurrencies in a video published on Youtube. He answered the questions of the users. Tenev announced that the app has seen 6 million new clients. Now the team wants to invest a large...

More and more women are not only interested in cryptocurrencies, but also try themselves as traders in this market. Even though the cryptosphere is still dominated by men, the number of women investing in bitcoin and other coins has increased markedly in recent years. Popular online broker...

Financial services provider Robinhood stated that in comparison to the end of 2020, the percentage of female crypto purchasers has grown seven times. The number of women actively trading on Robinhood Crypto has already grown 7x this year! 🚀 We still have a lot of work to do, but we’re...