Tag: Robinhood
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Robinhood’s Q2 crypto revenue skyrocketed by 161% to $81 million, more than double its earnings from equities.
Robinhood’s Q2 crypto revenue skyrocketed by 161% to $81 million, more than double its earnings from equities. Despite a dip in user activity and a 27% drop in total trades, Robinhood’s crypto assets under custody rose by 57%. The firm is also set to acquire crypto exchange Bitstamp and expand its AI capabilities with the…
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Robinhood rolls out crypto API for US traders
Stock trading app Robinhood announced the release of its crypto trading application programming interface (API) for users based in the United States. On May 30, the investing app revealed its attempt to tap into seasoned crypto traders through an API. The crypto trading API allows US-based traders to set up automated trading strategies. Robinhood believes…
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