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WonderFi will join Robinhood Crypto and continue to deliver crypto products to Canadian customers.
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Robinhood’s Board of Directors increased the company’s share repurchase authorization by $500 million, to $1.5 billion.
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At select NASCAR Cup Series races this season, Bubba Wallace and 23XI development driver Corey Heim will pilot Robinhood-branded cars.
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Robinhood earlier this year also pulled a Super Bowl event contract, following regulator pressure.
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Robinhood Banking will launch this fall, at which point the Robinhood Credit Card app will become a banking app.
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Robinhood CEO Vlad Tenev: John has strong experience driving innovation and growth across platforms.
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The College Basketball Tournament and target fed fund rate event contracts will be tradeable daily on Robinhood from 8am to 3am ET.
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Robinhood Financial and Robinhood Securities failed to establish a reasonable supervisory system to comply with FINRA rule obligations.
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Driving Robinhood’s growth were soaring Crypto revenues of $358 million in Q4 versus just $61 million in Q3.
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Options are contracts between buyers and sellers whose value is derived from an underlying asset, such as a stock or an index.
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