Robinhood launches recurring crypto-investment service
The online broker Robinhood launched a service that automates periodic investments in digital assets.Robinhood is a financial services company known for its commission-free stock trading app.
Robinhood launches recurring crypto-investment service
The online broker Robinhood launched a service that automates periodic investments in digital assets.
SEC chief dents Robinhood shares with remark about possible ban on order-flow sales
SEC chair Gary Gensler, in an interview with Barron’s, did not rule out a full ban on brokers selling order-flow to market makers. Robinhood shares fell about 6.89%.
Crypto trading accounted for more than 40% of Robinhood’s revenue in the second quarter
The online broker Robinhood for April–June generated revenue of $565 million, up 8.2% from January–March. The share of digital-asset trading in the figure rose from 17% ($88 million) to 41% ($233 million).
Robinhood buys platform for investor–company communications for $140 million
Online broker Robinhood acquired Say Technologies for $140 million. This marked the company's first major acquisition since its initial public offering (IPO) in July.
Robinhood shares surge 80% as Nasdaq halts trading three times
Robinhood Markets' shares, the eponymous app for trading securities and cryptocurrencies, reached $85. At the time of writing, HOOD stock was trading around $65.
ARK Invest buys nearly 1.3 million Robinhood shares on first day of trading
ARK Investment Management's Cathie Wood bought 1,297,615 Robinhood shares through its ARKK fund on the Nasdaq debut day of the trading platform, according to CoinDesk.
Robinhood’s stock-market debut among the worst in the United States
Robinhood Markets' stock, the eponymous app for trading securities and cryptocurrencies, closed its Nasdaq debut down 8.37% from the IPO price.
Robinhood shares begin trading on Nasdaq; valuation around $32 billion
On Thursday, July 29, the stock- and cryptocurrency-trading app Robinhood conducted its initial public offering on the Nasdaq.
Robinhood Sets IPO Share Price at $38
The crypto-friendly platform Robinhood set the IPO price at $38 per share. The offering will raise $1.89 billion, valuing the company at about $32 billion.
Bloomberg: Robinhood tests feature to shield crypto investors from volatility
The online broker Robinhood is developing safeguards for users against volatility in the cryptocurrency market. Bloomberg reports this, citing code discovered in the test version of the iOS app.
Robinhood chief says cryptocurrencies are the cornerstone of the company’s future development
Robinhood, the online broker, plans to broaden its digital-asset offerings as it sees cryptocurrencies as the cornerstone of its future development. CEO Vlad Tenev announced this during a roadshow ahead of the IPO.We use cookies to improve the quality of our service.
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