Robinhood bought back Sam Bankman-Fried’s stake from US govt for $606M
The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court.
The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court.
Robinhood’s Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks.
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline.
Robinhood has been planning its expansion into the United Kingdom since 2019, but the project has faced multiple delays.
Cathie Wood, the Bitcoin advocate, is actively investing in Meta Platforms (META) and Robinhood Markets (HOOD) shares.
Roughly 150 full-time employees are being laid off, according to internal company messages.
In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital…
Robinhood’s innovative trading model has opened new opportunities for beginner investors and traders. Here’s what it is and how it works.
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens.
The money coming in for the trading app's crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1 2022.