Robinhood cuts 10% of workforce as Tenev touts business strength
Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading.
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Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading.
The brokerage reportedly cited expectations of a crypto-friendly regulatory environment under incoming President Trump as a key consideration.
The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of […]
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024.
ARK’s $36 million Robinhood sale came amid the stock price surging more than 100% year-to-date and posting multiyear highs.
Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator.
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance.
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.
