Robinhood climbs about 15% after its inclusion in the S&P 500
Robinhood saw a nearly 15% increase following its addition to the S&P 500, driven by index fund purchases and automatic rebalancing. The company had previously...
Robinhood
Robinhood Develops Its Own Blockchain for RWAs with Military-Grade Security
TL;DR Robinhood is developing its own blockchain with military-grade security, high speed, and low costs, focused on real-world assets. This chain will serve as the...
Robinhood and Coinbase Redraw the Canadian Crypto Map
TL;DR Robinhood, the popular U.S. fintech, has announced the acquisition of WonderFi for $179 million—marking one of its most significant international investments to date. With...
Robinhood Acquires WonderFi for $179M: Entering the Canadian Crypto Market
TL;DR Robinhood acquired WonderFi for $178.98 million, adding Canadian platforms Bitbuy and Coinsquare to its structure. WonderFi posted CA$3.57 billion in trading volume in 2024,...
Robinhood Sees 40% Revenue Growth in Q2
TL;DR Robinhood reported a 40% increase in revenue to $682 million, thanks to a resurgence of meme stocks and interest in cryptocurrencies. The company acquired...
Ark Invest Takes Profits Following the Rise in Coinbase Shares
TL;DR ARK Invest sold a significant portion of its shares in Coinbase due to the increase in their price. This profit-taking strategy is part of...
Robinhood Announces Listing of Bitcoin ETFs After SEC Approval
In an exciting update from Washington, Robinhood CEO Vlad Tenev announced the U.S. Securities and Exchange Commission’s (SEC) decision to approve Bitcoin ETFs....
Ark Invest Cashes Out on Coinbase Shares as Bitcoin Prices Soar
Cathie Wood’s Ark Invest, a prominent investment management firm, has reportedly sold $5.3 million worth of shares in Coinbase Global Inc. This move comes amid...
How Robinhood Lost 68% of Its Crypto Volume in a Single Month
Robinhood, the popular trading app that offers commission-free trading of stocks, options, and cryptocurrencies, has seen a sharp decline in its crypto trading volume in...
Robinhood Becomes the newest Victim of the SEC’s Regulatory Investigation
The recent announcement by Robinhood reveals that the firm was subpoenaed by the SEC back in December 2022. The firm stated that it received a...