Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets.
Robinhood launched the long-awaited desktop platform on Wednesday, October 16.
Crypto transfers were one of the most requested features by Robinhood customers in Europe.
Robinhood has announced the launch of a new stock lending offering for customers in the United Kingdom.
Robinhood Markets Inc. has agreed to acquire Pluto Capital Inc., the artificial intelligence research platform.
Robinhood Markets plans to acquire the Bitstamp cryptocurrency exchange.
A 224% increase in crypto trading volumes in the first year’s quarter boosted Robinhood trading figures to $36 billion, with crypto services contributing to nearly 40% of the firm’s transaction-based revenue.
Robinhood launched the credit card as part of a continuing effort to expand the sphere of financial services.
The cost of Robinhood shares on Thursday, March 14, showed growth of nearly 9% after the company reported a significant increase in assets under custody over the past month.
As part of its future activity planning, Robinhood focuses on developing new products and expanding its global presence by launching businesses in new markets.
Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.
Digital asset trading volume on a crypto-friendly trading platform Robinhood grew 75% month-on-month in November.
UK customers can now trade US stocks via Robinhood brokerage without extra commission or foreign exchange fees.
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