ARK Invest acquires Robinhood shares with a $34 million investment
ARK Invest purchased approximately $34 million worth of Robinhood stock. The company stated that the investment is a long-term strategic move to gain access to...
Robinhood
ARK Invest bought $19.2 million worth of Block shares
by Logan Pierce
ARK Invest executed a $19.2 million purchase of Block shares, allocating the stake among its ARKK, ARKF, and ARKW funds. The transaction was part of...
Onyxcoin (XCN) fell 60% as whales reinforced their positions and retail investors sold.
Large holders of Onyxcoin (XCN) reinforced their positions as retail investors sold the token amid a period of weakness. On February 3, whales bought approximately...
Vlad Tenev proposes tokenized stocks to prevent future trading freezes
by Logan Pierce
Five years after the controversial GameStop trading halt, Robinhood CEO Vlad Tenev has pointed out that implementing tokenized stocks on blockchain is the ultimate solution...
LIT Listing on Robinhood Sparks 15% Recovery After Staking Feature Roll-out
The native token of the decentralized exchange Lighter (LIT) experienced a significant rebound this Thursday following reports of a LIT listing on Robinhood. This move...
Coinbase and Robinhood join US Tech Force initiative to modernize government technology
by Logan Pierce
The US government is launching a new initiative called the US Tech Force that will recruit approximately 1,000 early-career technologists for fellowships in federal agencies....
November Volume Slump Hits Robinhood Stock with Sharp 8% Decline
Shares of financial services platform Robinhood (HOOD) suffered a significant setback this Thursday, recording an 8% drop in stock markets. This decline comes immediately after...
Robinhood and Coinbase lead crypto stock declines amid macro risk fears
by Mason Clarke
Panic in the markets set off a broad selloff in crypto-linked equities, with platforms, miners and underlying cryptoassets falling after a sudden turn toward risk...
Robinhood Ventures Fund I seeks to give retail investors tokenized stakes in private companies
by Mason Clarke
Robinhood announced the creation of Robinhood Ventures Fund I (RVI), a closed-end fund that seeks to offer retail investors exposure to private company holdings through...
Robinhood climbs about 15% after its inclusion in the S&P 500
by Logan Pierce
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...