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Robinhood Reports 161% Surge in Q2 Crypto Revenue
10.8.2024
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies....
Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says
9.5.2024
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
8.5.2024
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from...
Robinhood Set to List Spot Bitcoin ETFs ‘As Soon As Possible’
11.1.2024
Source: DALL·E To better integrate cryptocurrencies into traditional finance, Robinhood CEO Vlad Tenev announced that the platform will list the newly approved spot Bitcoin exchange-traded funds (ETFs) swiftly. According to Tenev’s recent social media post, Robinhood is excited about the Securities...
Robinhood to Launch in U.K. in Early 2024
30.11.2023
Investment platform, Robinhood, has plans to launch in the U.K. as early as the start of 2024, according to CEO Vlad Tenev. New features launching “The intention is, for the U.K. market, Robinhood to be the best place to invest in U.S. stocks and U.S. dollars, and we believe we can fulfill that...
Robinhood to Launch Crypto Trading Services in EU in the “Coming Weeks”
8.11.2023
Source: AdobeStock / Rafael Henrique Robinhood has revealed plans to introduce cryptocurrency trading services in the European Union (EU) in the near future. Vlad Tenev, CEO and co-founder of the popular brokerage firm, made the announcement during the company’s third-quarter earnings report....
'This is on me' — Robinhood CEO to lay off 23% of staff after Q2 loss
3.8.2022
The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter
Robinhood axes almost 1 in 10 staff members as stock hits all-time low
27.4.2022
“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev
Robinhood CEO Steps on the Same Old Rake with Idea to Increase Dogecoin Block Size
15.4.2022
Vlad Tenev, co-founder and CEO of the popular trading app Robinhood, shared a new old solution for increasing dogecoin (DOGE)'s throughput – and the community doesn’t seem impressed.
In a Twitter thread, Tenev said that he’s been “thinking about what would [it] take” for DOGE to “truly be...
Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers
8.4.2022
Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev announced that the platform will integrate with the Lightning Network “to bring even lower costs to our customers.” More Than 2 Million Users...
Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers
22.10.2021
On Thursday, Robinhood CEO Vlad Tenev spoke at a conference called the Disruptor 50 Summit and the executive explained that the waitlist for the company’s recently announced crypto wallet has 1 million sign-ups so far. “We’re very proud of our cryptocurrency platform and giving...
Robinhood crypto wallet waitlist hits 1 million people
22.10.2021
Robinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Who Owns the Mystery Dogecoin Whale Address? Robinhood’s CEO Dismisses Speculation
21.5.2021
Dogecoin has been the talk of the cryptocurrency town for months on end and in recent times, crypto enthusiasts have been discussing the largest holder in the Dogecoin economy. An address with 36.7 billion dogecoin has recently amassed 797 DOGE this week and 3,755 coins during the last month....
6M noobs have bought coins on Robinhood Crypto already in 2021
26.2.2021
Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average
Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin
18.2.2021
Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts
Robinhood CEO May Testify Before US House Committee Over GameStop Allegations
2.2.2021
Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says