What's Happening at Robinhood? - by Alana
backoftheenvelope.xyz · 832 words · saved by 1 readers
And will it become the next great crypto exchange?
Over the past year or so, Robinhood has begun to lean hard into growing its crypto business. We can see evidence of this in its increased listings of crypto assets, CEO Vlad Tenev’s media appearances, and even the company’s M&A activity. Why might this be? And furthermore, is Robinhood actually well-positioned to become a leading regulated crypto exchange? Here’s my take. Robinhood’s stated mission is to serve the active trader. Few markets are more active than crypto: it has the greatest set of trading hours (24/7) and probably the fastest asset creation process. Yet today, Robinhood…
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