At the same time, crypto trading volumes on the platform declined as the company shifted its focus to event contracts
Robinhood reported net deposit inflows of approximately $15 billion in October. At the same time, cryptocurrency trading volumes on the platform declined.
The company is shifting its focus to event contracts — contracts linked to events. Crypto Briefing linked the move to changing investor interests and the possible diversification of Robinhood’s revenue.
Telegram
Extended details, links and updates are published in our channel.
In the 145 days since its launch, bStocks’ assets exceeded $1.5 billion, while Binance’s product captured 31.4% of the tokenized stock market. According to Incrypted, this is the largest share among issuers. Since June, the entire market h…
Read →eToro's net profit in the third quarter was about $15 million, down from $57 million a year earlier. The company attributed the weaker result to reduced activity in cryptocurrency trading. At the same time, the number of funded accounts ro…
Read →Binance has halted transfers to MEXC and companies linked to it. The exchange will hold incoming transfers while they are reviewed; users’ accounts may be restricted or closed as a result. A FinCEN order barring covered U.S. financial inst…
Read →NewsBTC reports that Valour has listed eight digital asset ETPs on Sweden’s Spotlight Stock Market. The products are denominated in Swedish kronor; the announcement was made on November 5. They are based on Venice Token, Canton Coin, Raydi…
Read →