Robinhood Says SEC Dismisses Crypto Unit Investigation
The United States Securities and Exchange Commission (SEC) is ending its investigation into the crypto unit of Robinhood, as the company announced on Monday, February 24.
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Robinhood Plans to Launch Crypto Products in Singapore
Robinhood Markets Inc. plans to launch Singapore crypto offerings in the current year through the entity of the European digital asset exchange Bitstamp Ltd., which it acquired.
Robinhood to Settle SEC Charges
The United States Securities and Exchange Commission (SEC) last Monday, January 13, reported that two broker-dealers of Robinhood, a financial services company, agreed to pay $45 billion in combined civil penalties to settle charges that they did not comply with a broad array of regulatory requirements.
Robinhood to Acquire TradePMR Portfolio Management Platform
Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets.
Robinhood Launches Desktop Platform
Robinhood launched the long-awaited desktop platform on Wednesday, October 16.
Robinhood Crypto Brings Crypto Transfers to Europe
Crypto transfers were one of the most requested features by Robinhood customers in Europe.
Robinhood Launches Stock Lending for British Customers
Robinhood has announced the launch of a new stock lending offering for customers in the United Kingdom.
Robinhood Acquires AI-Driven Platform Pluto
Robinhood Markets Inc. has agreed to acquire Pluto Capital Inc., the artificial intelligence research platform.
Robinhood Markets to Acquire Cryptocurrency Exchange Bitstamp
Robinhood Markets plans to acquire the Bitstamp cryptocurrency exchange.
Robinhood Declares 224% Crypto Trading Surge
A 224% increase in crypto trading volumes in the first year’s quarter boosted Robinhood trading figures to $36 billion, with crypto services contributing to nearly 40% of the firm’s transaction-based revenue.
Robinhood Launches Credit Card for Its Gold Members
Robinhood launched the credit card as part of a continuing effort to expand the sphere of financial services.
Robinhood Jumps After Growth in Assets
The cost of Robinhood shares on Thursday, March 14, showed growth of nearly 9% after the company reported a significant increase in assets under custody over the past month.
Robinhood Targets New Products
As part of its future activity planning, Robinhood focuses on developing new products and expanding its global presence by launching businesses in new markets.
Robinhood Pulls Customers From Larger Brokers
Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.
Robinhood Reports 75% Rise in Trading Volume
Digital asset trading volume on a crypto-friendly trading platform Robinhood grew 75% month-on-month in November.
Robinhood App Now Available in UK
UK customers can now trade US stocks via Robinhood brokerage without extra commission or foreign exchange fees.
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