Robinhood Lost $175m in Q3, Crypto Revenue Declined
[ad_1] Robinhood, a major US commission-free stock trading and investing app, reported a net loss of $175 million during the third quarter of 2022. Although the company’s transaction-based revenues increased slightly, the cryptocurrency sector generated a substantial decrease. Take Advantage of the Biggest Financial Event in London. This year...
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Robinhood acquires British crypto firm Ziglu to push expansion plans
[ad_1] Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu. Robinhood officially announced Tuesday that it signed a deal to acquire Ziglu, subject to regulatory approvals and other closing conditions. The firm declined to disclose the size of...
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Robinhood Eligible Waitlist Members Now Have Crypto Wallets
[ad_1] On Thursday, Aparna Chennapragada, the Chief Product Officer at Robinhood, announced that eligible users on the waitlist would have the company’s long-awaited crypto wallet. According to a blog post on the platform’s website, the announcement was made at the Bitcoin Conference 2022 in Miami, Florida, where Robinhood pointed...
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