The RVI stock of Robinhood has slipped by around 16% in the initial period of its trading on March 6. This came after the initiative wasn’t able to meet its $1 billion goal in its IPO raise plan. Venture Fund I, of the investment company, slipped 16% in its public
ARK Invest firm increased its exposure to crypto-linked equities by purchasing more shares of Coinbase and Robinhood, as this comes as crypto-related stocks face further selling pressure, reflecting ongoing market volatility and macroeconomic concerns. According to ARK Invest Tracker reports, it has purchased 22,452 shares of Coinbase through ARK Innovation
The public testnet of Robinhood for its own blockchain has captivated four million transactions in its initial week, as per the chief executive officer of the firm, Vlad Tenev. On February 18, Tenev posted on X stating that developers are so far making our L2, made for tokenised real-world assets
Robinhood Markets recently hit a milestone, after which its stock slipped 7% to 8%. In 2025, the total revenue stood at around $4.5 billion, up 52% year-over-year, with net income hitting $1.9 billion, as per the firm’s Q4 earnings release. However, talking solely about the Q4 results, the story is
Fintech firms are aiming for higher bets on crypto this year. The crypto head of product at Revolut mentioned that 2026 is going to be massive. Some of the most influential fintech firms are capturing the day in 2026. The chief executive officer of PayPal, Alex Chriss, is amalgamating blockchain
The trading platform Robinhood made a public declaration about its intentions to step into the Indonesian market, offering crypto and equity trading via two significant buyouts. The enterprise is going to acquire Buana Capital, a local brokerage firm, as well as PT Pedagang Aset Kripto, which has a license for
The third quarter results of Robinhood Markets were impressive and far surpassed the expectations of Wall Street, driven by the massive expansion of its cryptocurrency trading division. The cryptocurrency unit of the trading platform earned a record-breaking amount of $268 million in the quarter, which is four times higher than
Eighty more stock tokens have been deployed by Robinhood in the last few days, increasing the total number of tokenized assets close to 500, as part of its expansion of the tokenization initiative on the Arbitrum blockchain. The total value of the 493 assets tokenized by Robinhood exceeds $8.5 million,
Net income increased by 105% to $386 million, while total net revenue increased by 45% to $989 million. Trading volumes for Robinhood’s cryptocurrency increased by 32% to $28 billion, contributing to a 21.7% jump in the overall crypto market valuation to $3.36 trillion. This growth follows Robinhood’s acquisition of Bitstamp.
The Attorney General of Florida, James Uthmeier, has opened a formal investigation into the popular trading platform Robinhood. He asked whether the claims of the company that it provides the cheapest cryptocurrency trading services are true and valid. The inquiry focuses on the claims that Robinhood breached the Florida Deceptive
