Online brokerage Robinhood is set to enter the futures trading market, offering Bitcoin (BTC) futures alongside other asset classes. The company announced on January 29 that it will introduce futures trading for the S&P 500, oil, Bitcoin, and additional assets, marking a significant expansion beyond its traditional stock trading services. Robinhood, which added cryptocurrency trading...
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Robinhood Board Gives Nod to Buy Sam Bankman-Fried’s $578M Stake
Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company that was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year. Robinhood confirmed in its fourth-quarter report, published Feb. 8, that it had received board approval to buy back the stake. “Our...