Robinhood cashes in on lockdown trading surge with $660M Series G funding
The stock and crypto trading app has added a further $460 million in the last closings of its new funding round. Retail traders have been flocking to trade stocks and cryptocurrencies on the popular app Robinhood — and it shows in the company’s latest Series G funding round.On Sept. 23, a spokeswoman for Robinhood Markets Inc. disclosed that the fintech has increased its latest funding round to $660 million, at a company valuation of $11.7 billion.The fresh funding is an extension of a Series G round first announced in August, when D1 Capital Partners invested $200 million in Robinhood.New....
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Following a retail bonanza this summer, trading app Robinhood says it has raised $660 million in an extended Series G round.
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.”
Robinhood Acquiring Regulated Crypto Firm Ziglu
Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement to acquire a regulated cryptocurrency firm Ziglu.
Citing its mission to “democratize finance for all,” Robinhood....
Shiba inu supporters are petitioning on Change.org for the trading platform Robinhood to list the shiba inu token for trading. Robinhood currently lists the meme cryptocurrency dogecoin which made up 62% of the company’s crypto trading volume in Q2.
Petition to Get Robinhood to List Shiba Inu
A petition on Change.org for the trading platform Robinhood to list the shiba inu crypto has garnered almost 400,000 signatures.
At the time of writing, almost 397K people have signed the petition. If the petition gathers 500K signatures, it would become one of the top....
As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to their blog post, the California-based broker saw its crypto user base grow to an all-time high of 9.5 million — up approximately 558% from 1.7 million in the previous quarter. Robinhood began offering cryptocurrencies on its platform back in 2018. Since then, its offerings have […]
Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev announced that the platform will integrate with the Lightning Network “to bring even lower costs to our customers.”
More Than 2 Million Users Can Now Use Robinhood Crypto Wallets
Popular trading platform Robinhood made an announcement Thursday about its new crypto wallets at the Bitcoin conference in Miami, Florida. Robinhood Chief Product Officer Aparna Chennapragada shared:
We’ve rolled out crypto wallets to every....