Robinhood
Coverage of Robinhood in the Nexus archive.
- Robinhood says its AI agent feature will ‘soon’ be assisting crypto traders
Robinhood states its AI agent feature will soon assist crypto traders, following the creation of over 70,000 agentic accounts by equities and options traders since the beta launch in late May.
- Cathie Wood’s Ark Invest buys $14 million worth of Circle, offloads Robinhood shares
Cathie Wood’s Ark Invest purchased $14 million worth of Circle shares while selling Robinhood stock. Circle Internet Group's stock fell 1.65% during Thursday's trading, with a one-month decline of 20.2%.
- Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy
Arbitrum's price increased by 19% due to Robinhood's $568 million onchain trading activity. The surge in trading volume on Robinhood's platform contributed to the rise in Arbitrum's value.
- 'CASHCAT' trader turns $800 into over $1 million on Robinhood's brand new blockchain
A trader known as 'CASHCAT' turned $800 into over $1 million using Robinhood's new blockchain platform. The achievement highlights the potential of Robinhood's blockchain technology for generating significant returns.
- Polymarket is in a high-stakes race to win back trust as it recommits to the US market
Polymarket is re-entering the U.S. market with a new regulatory-compliant platform after settling federal charges in 2022. The company is hiring compliance experts and partnering with major organizations to rebuild trust and differentiate its U.S. operations from its offshore predecessor.
- Polymarket is in a high-stakes race to win back trust as it recommits to the US market
Polymarket is re-entering the U.S. market after a four-year absence, launching a campaign to rebuild trust through partnerships, influencer marketing, and new compliance hires. The company, which previously operated offshore following 2022 federal charges, now operates a CFTC-regulated U.S. platform separate from its blockchain-based international service. Key hires include executives from Coinbase, Robinhood, and former DOJ/FBI officials.
- Ether climbs toward $2K as Bitmine buys ETH, Robinhood L2 boost
ETH is approaching $2,000 due to TradFi adoption, DAT buying, and a network upgrade, with Bitmine purchasing ETH and Robinhood enhancing its L2 infrastructure.
- Robinhood CEO Vlad Tenev breaks down how Trump Accounts work
President Trump celebrated the launch of 'Trump Accounts,' an investment account program for children, by ringing the New York Stock Exchange opening bell. Robinhood CEO Vlad Tenev assisted with the project and discussed it in an interview.
- Robinhood's CEO says AI will trade stocks as well as humans
Robinhood's CEO claims AI can trade stocks as effectively as humans. The company has launched two agentic products enabling customers to connect third-party AI agents to its platform.
- Morning Minute: Robinhood Debuts 'Robinhood Chain'
Robinhood launched 'Robinhood Chain,' leading to an 8% increase in HOOD shares and a larger rise in their crypto perp dex partner's value. The article also notes the emergence of a new crypto unicorn.
- AI agents will soon be able to match human traders, Robinhood CEO tells CNBC
Robinhood CEO Vlad Tenev discussed the potential of AI agents in trading during an interview with CNBC. He stated that AI agents will soon be able to match human traders.
- Trump Accounts to launch without rollovers
The Trump administration plans to launch Trump Accounts next week without allowing firms to host the children’s savings accounts on their platforms. Companies like Chime, Empower, Fidelity, and SoFi had hoped to enable rollovers from the Treasury Department’s app, developed with Bank of New York Mellon and Robinhood, but guidance on rollovers may not arrive until August.
- Robinhood links with dYdX Labs to launch new DEX Arcus
Robinhood partners with dYdX Labs (now rebranded as Arcus) to launch a new decentralized exchange (DEX) offering perpetual and tokenized stock trading. The rebranded dYdX, now Arcus, will join Robinhood’s blockchain platform to provide these services.
- Robinhood rolls out public blockchain, plans crypto trading for UK residents
Robinhood launched a public blockchain and announced plans to offer crypto trading for UK residents. The company also revealed DeFi products and a public mainnet following months of testing.
- Robinhood Launches 'AI-Native' Ethereum Layer-2 Network, Tokenized Stock Trading
Brokerage and crypto exchange Robinhood launched its Arbitrum-powered Ethereum layer-2 network, introducing tokenized stock trading. The public mainnet for this network was opened on Wednesday.
- Robinhood rolls out public blockchain as it expands deeper into crypto
Robinhood has launched a public blockchain as part of its expansion into the cryptocurrency space. The move indicates the company's growing commitment to blockchain technology and digital assets.
- Ark Invest loads up on Coinbase, Circle, Bullish, Robinhood shares as stocks rally higher
Ark Invest purchased $6.85 million in Coinbase, $6.21 million in Circle Internet Group, and $3.54 million in Bullish as the stocks rallied higher. The investments reflect growing confidence in cryptocurrency-related companies.
- SpaceX, US government discuss stock donation for Trump Accounts
The Trump administration has discussed with SpaceX the possibility of donating stock to children’s savings accounts called Trump Accounts, set to launch soon. The potential donation could symbolize a reconciliation between Elon Musk and President Donald Trump after a previous conflict. The Treasury Department partners with Bank of New York Mellon and Robinhood for the account rollout.
- What Robinhood’s recent layoffs say about the current state of crypto investments
Robinhood's recent layoffs indicate challenges in the crypto investment sector. The layoffs suggest shifting dynamics affecting companies involved in cryptocurrency trading.
- Ark Invest buys more Coinbase, Circle, Bullish, Robinhood shares amid stock declines
Ark Invest has purchased additional shares in Coinbase, Circle, Bullish, and Robinhood as their stock prices decline. Cathie Wood highlighted that inflation is decreasing, attributing this trend to rising productivity as a disinflationary force.
- Kalshi sues to block new Illinois tax on prediction markets
Kalshi filed a federal lawsuit in Illinois to block a new transaction tax on prediction markets, arguing the tax violates federal regulation and the Supremacy Clause. The company claims its event contracts are federally regulated and not gambling, while Illinois regulators have issued cease-and-desist letters to Kalshi and competitors.
- Meta is building a prediction markets app, sinking DraftKings and Robinhood stocks
Meta is developing a prediction markets app called Arena, led by Mark Zuckerberg, which uses a points system instead of real money, leading to declines in DraftKings and Robinhood stocks.
- Robinhood is well placed for the casino-ification of everything
Robinhood is positioned to benefit from the trend of increasing speculative and gamified aspects in financial markets. The title references 'casino-ification' as a growing phenomenon.
- Kentucky sues Kalshi, Polymarket, joining prediction market legal battle
Kentucky has filed a lawsuit against Polymarket, Kalshi, and their partners Coinbase, Robinhood, and Webull, alleging the offering of sports event contracts in the state. The case involves legal challenges to prediction market activities.
- Ark Invest buys $18 million worth of Coinbase shares, offloads $29 million in Robinhood
Ark Invest purchased $18 million worth of Coinbase shares while selling $29 million in Robinhood. Coinbase's stock closed down 2.57% at $164.92, whereas Robinhood's stock rose 8.78%.
- Robinhood layoffs: Fintech company cuts around 300 jobs
Robinhood, a Bay Area-based fintech company, is cutting around 300 jobs, reducing its workforce by approximately 10% as stated in a filing with the U.S. Securities and Exchange Commission.
- The subtext of Robinhood's layoff memo: It's not us, it's you
Robinhood CEO Vlad Tenev announced a 10% workforce reduction, attributing the layoffs to the need to 'maximize talent density' despite claiming the business is thriving. The memo avoids explicitly labeling employees as underperformers but contrasts the departing workforce with the desired team. Similar layoffs have occurred at companies like Microsoft and Block, often framed as performance-based decisions.
- Robinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
Robinhood announced layoffs of 290 employees, a 10% reduction in its workforce, to streamline operations and avoid a 'heavily-layered' structure. The company cited financial strength, including a $350 million Q1 profit and $1.07 billion in revenue, while other crypto-related firms like Coinbase and Algorand also reported layoffs amid a downturn in digital currency trading.
- Robinhood layoffs will cut 10% as part of an org chart 'flattening.' Read the CEO's memo.
Robinhood is laying off 10% of its staff as part of an organizational 'flattening' to become leaner while maintaining strong business performance. CEO Vlad Tenev emphasized the move is proactive to ensure a 'lean, hyper-focused team' and continued strategic hiring.
- Robinhood cuts 10% of staff, expects $28 million in restructuring charges
Robinhood reduced 10% of its workforce and anticipates $28 million in restructuring costs related to streamlining management and improving efficiency.
- Robinhood is cutting 10% of its jobs to keep a ‘high performance culture’
Robinhood is cutting 10% of its jobs to maintain a 'high performance culture'. The company's stock is on a four-session winning streak and may continue to rise.
- Is the Robinhood Gold Card Worth It?
Robinhood, known for its commission-free investing platform, offers the Robinhood Gold Card with unlimited 3% cash back, travel and purchase protections, no foreign transaction fees, and complimentary authorized user cards. The card requires a Robinhood Gold membership and emphasizes benefits like cash rewards, international purchase security, and virtual card security for online transactions.
- The SpaceX IPO broke Robinhood for some people
Some Robinhood users experienced technical issues while attempting to participate in the SpaceX IPO. The problem occurred as users sought to capitalize on the IPO event.
- Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
Fortune's Crypto 100 ranks top blockchain companies across 10 categories, including pioneers like Coinbase and Kraken, as well as newer firms like Hyperliquid and Ondo. The list highlights companies in finance, crypto services, and stablecoins, with Bitcoin leading the blockchains & protocols category.
- Tenev says Robinhood won underwriter approval as crypto markets front-run mega IPOs
Robinhood has received underwriter approval for an IPO, coinciding with SpaceX's upcoming public offering. Retail brokers and crypto-native derivatives platforms are competing to influence price discovery and access in the market.
- SpaceX wants regular investors to help its stock launch. Here’s what to know before clicking ‘buy’
SpaceX is offering a larger portion of its IPO to retail investors through platforms like Charles Schwab and Robinhood, with up to 30% allocated compared to typical 5-10% in most IPOs. The company warns of potential stock volatility and risks, including high debt and recent financial losses, while noting historical IPO performance trends.
- SpaceX wants regular investors to help its stock launch. Here's what to know before clicking 'buy'
SpaceX is offering up to 30% of its IPO to retail investors through brokerages like Charles Schwab and Fidelity, lowering account minimums to $2,000. The company warns of potential stock volatility due to retail investor behavior and acknowledges significant debt and ongoing financial losses.
- Sam Bankman-Fried seeks Trump pardon
Sam Bankman-Fried has formally applied for a presidential pardon, following months of courting former President Donald Trump through public compliments and interviews. Trump previously stated he would not pardon Bankman-Fried, who is serving a 25-year prison sentence, though he has pardoned other white-collar criminals. Bankman-Fried's FTX held investments in companies like SpaceX and Robinhood, some of which have significantly increased in value.
- SpaceX IPO explained: The price is set, but retail allocation still up in the air
SpaceX's IPO has a set price, but retail allocation remains uncertain. Brokerage platforms including Charles Schwab, Fidelity, Robinhood, SoFi, and Morgan Stanley's E-Trade are offering access to SpaceX shares.
- This CEO keeps going viral for thirst-trapping journalists with $200,000 jobs to be head of content. Yes, he’s trying to prove a point
Noah Greenberg, CEO of Stacker, uses viral LinkedIn job postings for content roles to highlight a structural shift in journalism funding, as tech companies like NVIDIA and Robinhood hire former journalists. His strategy boosted Stacker's growth from a $3 million to $10 million annual run rate without venture capital.