Soaring crypto Revenues send Robinhood shares up 10%+ after record Q4-2024 results release
Driving Robinhood’s growth were soaring Crypto revenues of $358 million in Q4 versus just $61 million in Q3.
Driving Robinhood’s growth were soaring Crypto revenues of $358 million in Q4 versus just $61 million in Q3.
Options are contracts between buyers and sellers whose value is derived from an underlying asset, such as a stock or an index.
For those who already placed trades, Robinhood plans on providing the option to close their positions or take them to resolution.
Robinhood is launching event contracts for the upcoming Kansas City vs. Philadelphia championship game through Robinhood Derivatives LLC.
Robinhood UK officially opened its (virtual) doors in Q1-2024, and during the year added margin investing.
Christopher Payne was previously President and COO of DoorDash (2016-2023), and Chief Executive Officer of Tinder.
Robinhood plans to soon start serving clients in Asia, out of regional headquarters in Singapore.
Staking is the crypto equivalent of interest on deposits, allowing passive crypto holders to earn rewards on their holdings.
More than 500 million election contracts traded, just a week after Robinhood launched its Presidential Election Market.
Aftermarket trading Wednesday saw Robinhood shares changing hands at about $25, down 11.4%.