Robinhood to Launch Prediction Markets Exchange
Online broker Robinhood announced the creation of its own derivatives exchange and clearinghouse. The initiative aims to develop prediction markets.Robinhood is a financial services company known for its commission-free stock trading app.
Robinhood to Launch Prediction Markets Exchange
Online broker Robinhood announced the creation of its own derivatives exchange and clearinghouse. The initiative aims to develop prediction markets.
Robinhood’s Crypto Revenue Falls Short Despite 300% Growth
JPMorgan analysts described Robinhood's third-quarter financial results as solid but lacking in quality. The bank cited the company's weak revenue from cryptocurrency trading, according to CoinDesk.
AWS Outage Disrupts Coinbase and Numerous Services
A major AWS outage led to the temporary shutdown of dozens of online platforms, affecting Snapchat, Reddit, Hulu, gaming services, and cryptocurrency exchanges.
Assets Poised to Benefit from Tokenization, Say Experts
The surge in interest in tokenization could impact the prices of cryptocurrencies related to the sector, such as ETH, SOL, XRP, and LINK. This view was expressed by analysts at Bitwise. “I’ve always had mixed feelings about tokenization. On one hand, it seems inevitable. The fact that stocks trade only from 9:30 to 16:00 on […]Robinhood CEO Plans to Launch ‘Thousands’ of Tokenized Stocks
Vladimir Tenev, co-founder and CEO of Robinhood, revealed in an interview with Bloomberg that numerous private companies have approached his firm to add their tokenized stocks. According to Tenev, the online broker aims to list “thousands” of shares from private projects for retail trading on its platform. “Tokenized stocks are the biggest innovation in 10 […]OpenAI Denounces Robinhood’s Stock Tokens as Fraudulent
The AI startup OpenAI has refuted claims regarding the launch of tokenized shares of the firm, which were purportedly offered by Robinhood. These “OpenAI tokens” are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not […]Robinhood Acquires Bitstamp for $200 Million
Online broker Robinhood has finalized an agreement to acquire Europe’s oldest crypto platform, Bitstamp, for $200 million in cash. Bitstamp is now part of Robinhood, adding a globally-scaled crypto exchange and our first-ever institutional crypto business. Our work is just beginning. https://t.co/VDjGS1KuBb — Vlad Tenev (@vladtenev) June 2, 2025 The parties agreed to the deal […]
AI and Blockchain: The New Satoshi, Says Tenev
Artificial intelligence will lead to minimal staffing needs, with future companies consisting of just one person. This statement was made by Robinhood CEO Vlad Tenev at Bitcoin 2025 in Las Vegas, reports Decrypt. He referenced Satoshi Nakamoto, the anonymous creator of Bitcoin, noting that the leading cryptocurrency was developed by a single individual. “I think […]Robinhood Proposes Regulatory Framework for RWA to SEC
The online broker Robinhood submitted a proposal to the SEC for the creation of a federal framework for tokenized real-world assets (RWA). The company suggests equating such tokens with traditional securities and introducing uniform regulatory rules nationwide. Robinhood noted that while the RWA segment is developing, it remains limited to pilot projects. The new approach […]Robinhood to Acquire Crypto Platform WonderFi for $179 Million
Online broker Robinhood has finalized an agreement to acquire Canadian crypto company WonderFi, which manages assets worth 2.1 billion CAD ($1.5 billion). Robinhood has signed an agreement to acquire @WonderFi, a Canadian leader in crypto products. We’re excited to partner with WonderFi to accelerate Robinhood’s mission in Canada. More details: https://t.co/B2ygTDYOPw pic.twitter.com/9u1c0vJeWV — Robinhood (@RobinhoodApp) […]Robinhood to Launch Blockchain Platform for Stock Trading in Europe, Reports Say
Online broker Robinhood is developing a blockchain platform to facilitate trading of U.S. securities in the European market, according to Bloomberg, citing its own sources. “The project is likely to be launched in collaboration with a company specializing in digital assets,” insiders reported. Sources suggest that blockchain Arbitrum is being considered as a potential partner, […]Robinhood to Launch Prediction Platform
Online broker Robinhood announced the launch of a prediction market within its app. Users will be able to enter contracts based on the outcomes of major global events. According to Robinhood Vice President Jay B. Mackenzie, the new feature “will comply with existing regulations.” Initially, the platform will offer contracts predicting the upper limit of […]We use cookies to improve the quality of our service.
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