In brief
Robinhood plans to offer "thousands" of private companies as tokenized stocks.
OpenAI denounced the platform for offering its stock despite being a private company.
Vladimir Tenev, co-founder and CEO of Robinhood,…
Robinhood’s plan to tokenize stocks on its new Ethereum-compatible blockchain could shift trading volume away from traditional exchanges like the NYSE, undermining their core revenues from trading fees and market…
In brief
Ondo Finance has acquired Oasis Pro, according to the decentralized-finance platform's statement on Friday.
The acquisition will allow Ondo to take advantage of Oasis Pro's broker-dealer, alternative trading system,…
Tokenized equity offerings for OpenAI being offered to Robinhood users in Europe are not officially authorized by the company, the AI giant said in a social media post."These 'OpenAI tokens'…
OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company."We are not involved…
In brief
Robinhood’s decision to build on Arbitrum was partly motivated by the ability to connect with other entities within Ethereum’s ecosystem, Robinhood Crypto General Manager Johann Kerbrat said.
Kraken is pushing…
This is a segment from The Drop newsletter. To read full editions, subscribe.During Robinhood’s big crypto announcements in France this week, including an Arbitrum L2 chain of its own, the…
MACRO, CRYPTO UNICORNS, ROBINHOOD & NYC TAKEAWAYSXRP, DOGE lead majors with positive funding rates. BTC & ETH ETFs extend inflows streak. RexShares SOL staking ETF to go live Wednesday. SEC…
Robinhood stock price jumped an impressive 12.7% to reach an all-time high of $94.24 on Monday after the brokerage firm announced its entry into tokenized stocks and secured an Arbitrum…
Global Dollar (USDG), a stablecoin issued by regulated fintech Paxos, and backed by a consortium of heavy hitters that includes Robinhood, Kraken and Mastercard, is being made available to consumers…