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Robinhood Reports 161% Surge in Q2 Crypto Revenue

[Aug 10 1:30 AM] 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…

Robinhood to Buy Back SBF’s Stake for Over $605 Million

[Sep 2, 2023 11:30 PM] Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S…