Search Results for "robinhood"
Zero-commission Trading Platform Robinhood is Valued at $32B amid IPO Prices at $38 per Share
The popular stock and cryptocurrency platform Robinhood's IPO is valued at $38 per share at the low end of the previously estimated price range of $38-$42. The company's market value is up to $32 billion.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access
Robinhood Wallet partners with Arbitrum to offer users seamless swaps on Layer 2, enhancing DeFi accessibility and experience.
Robinhood Officially Rolls out Crypto Wallet
Robinhood rolls out a crypto wallet, providing access to more than 2 million customers on the waiting list for the digital product, Chief Product Officer Aparna Chennapragada announced.
Robinhood Seeks Sanctions Investigators ahead of Self-Custody Crypto Wallet Launch
Robinhood is hiring more specialists to work in the finance crimes compliance unit as the platform may be broadening its offerings.
Around 1.6 Million Users Now on Robinhood's Crypto Wallet Waitlist
Robinhood Markets announced that 1.6 million people are on the waitlist for its cryptocurrency wallet; the figure is up from 1 million just a few weeks ago.
BlockFi Will Submit Assets And Liabilities For Bankruptcy On January 11
BlockFi will show assets, obligations, and pre-bankruptcy payments. After its first bankruptcy hearing in November, the business contacted 106 buyers. The U.S. Department of Justice confiscated over 55 million Robinhood shares worth $450 million. BlockFi claimed shares.
Robinhood to Pay Less Than Half of Initial Bid for Crypto Firm Ziglu
Nasdaq-listed financial services platform, Robinhood Markets Inc has lowered its bid for United Kingdom-based crypto fintech firm, Ziglu in light of the current realities in the digital currency ecosystem
Robinhood Explores New Feature to Protect Investors from Crypto Fluctuations
Zero-commission financial trading platform Robinhood is exploring a new feature designed to protect investors from price fluctuations during the process of investing in cryptocurrency trading.
Robinhood Introduces Cryptocurrency Recurring Investments
Robinhood has introduced a new feature that allows its crypto users to automatically acquire as little as a $1 worth of cryptocurrency of their choice on a monthly, weekly or even daily basis.
Robinhood Receives Investigative Subpoena from SEC Over Crypto Business
Robinhood disclosed in a recent 10-K filing that it received an investigative subpoena from the SEC in December 2022 regarding its supported cryptocurrencies, custody of cryptocurrencies, and platform operations. The subpoena was in response to the bankruptcies of several major cryptocurrency trading venues and lending platforms earlier in the year, including FTX, Three Arrows Capital, Voyager Digital Holdings, and Celsius Network. This follows previous subpoenas from the California Attorney General's Office and scrutiny from the Massachusetts Securities Division. Robinhood's crypto division was also fined $30 million by the New York District of Financial Services in August 2021 for failing to invest the proper resources and attention to develop and maintain a culture of compliance.
eToro and Robinhood Modify U.S. Cryptocurrency Offerings Amidst Regulatory Changes
The global cryptocurrency landscape is witnessing significant shifts, with leading trading platforms, eToro and Robinhood, adjusting their U.S. cryptocurrency offerings. Both platforms are responding to the rapidly evolving regulatory environment in the United States, affecting popular cryptocurrencies such as Algorand (ALGO), Decentraland (MANA), Dash (DASH), Polygon (MATIC), Solana (SOL), and Cardano (ADA).