Robinhood says 9.5 million users traded cryptos on its platform during the Q1 of 2021, a six-fold increase from the previous quarter.
Robinhood has filed confidential paperwork to pursue an initial public offering (IPO), a source familiar with the matter said on Tuesday.
During an interview, Robinhood CEO Vlad Tenev said the company is working towards increasing its cryptocurrency trading service.
The parents of 20-year-old Alex Kearns have filed a lawsuit against Robinhood, accussing the company of driving their son to suicide.
Robinhood said it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc.
Robinhood, the popular stock-trading app, has hired Goldman Sachs to lead its initial public offering (IPO) in 2021, Reuters reported.
Robinhood Markets Inc. is seeking banking advisers for a potential initial public offering (IPO) as soon as the first quarter of 2021.
The recent Robinhood hack had about 2,000 users accounts infiltrated, indicating the attacks were more widespread than previously realized.
Some Robinhood users had their accounts hacked and investments liquidated, according to Bloomberg. However, the company itself wasn’t hacked.
Robinhood has announced some changes to its trading app for options trading products. Does Robinhood make it easy or hard to trade?