Robinhood's
boss thinks there's something fundamentally broken about how global capital
markets work. Vlad Tenev, the CEO who built his fortune democratizing stock
trading, now says it's a "tragedy" that regular investors can't
access…
Cryptocurrency exchange KuCoin has introduced xStocks,
a new product offering tokenized versions of major U.S. equities, including
Tesla, NVIDIA, and the S&P 500 ETF. The assets are now available for
trading on KuCoin…
Robinhood Crypto is under investigation in Florida for allegedly falsely advertising its platform as the least expensive way to buy crypto.In a Thursday press statement, Florida Attorney General James Uthmeier…
Robinhood (Nasdaq: HOOD) is facing an investigation by Florida’s top prosecutor for claiming that it offers crypto trading “at the lowest cost on average.” The state cop is also issuing…
In brief
Florida AG James Uthmeier launched a state-level probe into Robinhood Crypto’s “lowest cost on average” marketing.
The AG issued a subpoena seeking documents on pricing, marketing, and user trade data…
Florida’s top prosecutor has opened an investigation into trading platform Robinhood, alleging it has been falsely promoting its crypto services as the least expensive on the market.However, Lucas Moskowitz, Robinhood’s…
Commission-free investing app Robinhood has added support for Ethereum (ETH) and Solana (SOL) staking in the US, according to a Thursday announcement. The platform users can start with staking as little…
Cryptocurrency
exchanges are rapidly expanding into tokenized stock trading, with multiple
platforms launching blockchain-based equity offerings this week that allow
users to trade traditional stocks like Apple and Tesla around the clock.Bitget and
Kraken…
Robinhood tokens offering equity in OpenAI technically aren't equity, Vlad Tenev confirmed in a recent CNBC interview, but are backed by "Robinhood's ownership stake in a special purpose vehicle."OpenAI warned…
Robinhood CEO Vlad Tenev has defended the company's controversial tokenized
stock offering linked to OpenAI, saying the structure gives retail investors
valuable exposure even if the tokens do not represent actual equity,…