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A consortium of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.
Robinhood scooped up crypto exchange Bitstamp in June and took aim at credit players American Express and Visa in March with the launch of a credit card that offers 3% cash back on purchases.
Compared to other platforms, Robinhood’s slower pace at listing new crypto assets carries more weight according to 46-year old Chas Wilson, a retail investor who lives in Jupiter, Florida.
The final quarter of 2024 saw a Bitcoin soared over 25% to break $100,000 following the election of Donald Trump and a crypto-friendly Republican Congress.
Robinhood has teamed up with Uniswap to try and solve this problem. The Robinhood Connect pr Robinhood Investors Can Now Buy Bonk, Pepe And 100s Of Meme Coins Via The Uniswap App
Crypto was the second-biggest revenue driver for the company behind options trading in the first quarter. Robinhood’s stock was trading up 1.45% at $23 as of midday Thursday following the ...
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Robinhood's evolution is a fitting symbol for bigger financial trends to watch in 2024. Robinhood’s evolution shows how crypto and mainstream finance are converging Skip to main content