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Robinhood co-founder Baiju Bhatt (left) and moderator Josh Constine (right) speak onstage during Day 2 of TechCrunch Disrupt SF 2018 at the Moscone Center on September 6, 2018, in San Francisco, California. Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.
Kalshi has attracted $100 million in bets this month and is the Apple App Store's top free finance app. Robinhood is getting in on the action, announcing its own election-betting platform on Monday.
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Robinhood's evolution from meme stock trading champion to a wealth management platform rages on.The company said late Wednesday it will be launching futures and index options trading on its app, a ...
In 2015, Robinhood launched its mobile app to the public. [7] Following a funding round in May 2018 which increased Robinhood's valuation to $6 billion, Tenev and Bhatt became billionaires. [4] [8] In November 2020, Tenev became the sole CEO of Robinhood, having previously shared the co-CEO title with Bhatt. [9]
Responding to feedback from traders, Robinhood also added futures trading to the app. Customers can now trade in futures on the S&P 500, Bitcoin, oil and other assets nearly 24 hours a day.
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