- Barrons.com
Robinhood Buys AI Fintech. Wealth Management Could Be in the Cards.
The company’s acquisition of Pluto provides access to enhanced data analysis, portfolio optimization, and personalized investment strategies, according to Robinhood.
- Reuters
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
The commission-free trading app is hoping to use the licenses of crypto exchange Bitstamp, which it agreed to buy last month in a $200 million deal, once the transaction closes next year, the report said. It also wants to launch CME-based futures in the U.S. for Bitcoin and Ether. Robinhood Crypto was the driving force behind a massive first-quarter earnings beat in May, but the same week it also disclosed that it received a so-called Wells notice from the U.S. securities regulator over tokens traded on its platform.
- Bloomberg
Robinhood Said to Consider Offering Crypto Futures in US, Europe
(Bloomberg) -- Robinhood Markets Inc. is considering offering cryptocurrency futures in the US and Europe in the coming months, according to people familiar with the commission-free investing and trading platform’s plan.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Storm Beryl Aims at Jamaica After Grenada StrikeS&P 500 Closes Above 5,500 in Record-Breaking Run: Markets Wrap‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersUS A
