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Robinhood
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
According to an SEC filing, FTX CEO Sam Bankman-Fried bought 56 million Robinhood (HOOD) shares on May 2, representing a 7.6% stake in the popular trading app. HOOD rose more than 20% upon the news. "The Hash" hosts react, discussing what could be next. Is a Robinhood-FTX.US merger on the horizon?
Robinhood's Q1 Crypto Revenue Rises Slightly From Previous Quarter
The company's quarterly revenue from cryptocurrency trading increased about $6 million to $54 million.
Robinhood Cuts 9% of Workforce as ‘Hyper Growth’ Slows
CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions.
Robinhood Agrees to Acquire UK Crypto Platform Ziglu
Online brokerage platform Robinhood has agreed to acquire London-based crypto platform Ziglu, which is one of few firms to have a crucial U.K. Financial Conduct Authority (FCA) registration. “The Hash” group discusses Robinhood’s increasing presence as a crypto player and its ambitions to ease onboarding into the Web 3 economy.
Robinhood Agrees to Acquire UK Crypto Platform Ziglu
Ziglu was approved to offer crypto services in the U.K. by the Financial Conduct Authority in 2020.
Coinbase’s New Listings, Robinhood Adds SHIB, SOL, And More
Coinbase has announced an extensive list of ERC-20 tokens that will be added to the crypto exchange’s offerings, and Robinhood will now include shiba inu, Solana, MATIC, and Compound tokens.
Shiba Inu, Solana Tokens Among 4 Added to Robinhood
SHIB, SOL, Polygon’s MATIC and Compound’s COMP tokens were added to Robinhood Crypto.
Goldman Downgrades Robinhood to Sell Amid Tough Environment for Crypto Brokerages
The investment bank also sees headwinds for Coinbase and Silvergate Capital to show up in first-quarter results.
Robinhood Releases Crypto Wallet to 2M Users, Plans Integration With Bitcoin Lightning Network
In a pair of announcements from the Bitcoin 2022 conference in Miami, the trading app flexed its crypto chops. But check the fine print.