Robinhood
Cathie Wood’s ARK Invest Buys 1.3M Robinhood Shares on Nasdaq Debut
Cathie Wood’s ARK Investment Management scooped up 1.3 million shares of Robinhood (HOOD) after the stock and crypto trading platform debuted on the Nasdaq exchange. HOOD shares closed 8% lower, marking the worst debut ever for an IPO of Robinhood’s size. “The Hash” team discusses Ark Invest’s timing and possible outlook for HOOD.
Cathie Wood's ARK Invest Scoops Up 1.3M Robinhood Shares on Nasdaq Debut
The New York-based investment manager invests heavily in crypto and blockchain companies.
Here's the Video Uniswap Didn't Want You See About Its Plans to Expand Into Consumer Finance
Uniswap, the largest decentralized exchange by volume, is in talks with well-known fintech companies like Robinhood and PayPal to expand into consumer finance and provide decentralized finance (DeFi) to the mainstream, at least according to a deleted YouTube video from last week's Paris EthCC conference. "The Hash" panel discusses the future of Uniswap and its potential role in meshing together the worlds of DeFi and traditional finance (TradFi).
Robinhood Falls in Trading Debut
Shares of the popular zero-commission trading app opened down as much as 10% on Thursday before closing the day down 8.4%.
New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes
CoinDesk's Nikhilesh De breaks down a bipartisan infrastructure bill in Congress that proposes raising $28 billion from crypto investors by applying new information reporting requirements to exchanges and other parties. Plus, the latest on Gary Gensler's response to Sen. Elizabeth Warren on the SEC's authority over crypto regulation and Robinhood's IPO.
Robinhood IPO Priced at Lower End of Range, Valued at $32B
The company prices its offering at $38 per share.
Robinhood Reportedly Testing Feature to Protect Crypto Investors From Volatility
As Robinhood prepares to go public this week, the zero-fee trading platform is reportedly working on a new feature that will help protect users from crypto price volatility. “The Hash” panel discusses whether the fintech firm is acting in the best interests of its clients or is it just a front to appease regulators?
Robinhood Reportedly Testing Feature to Protect Crypto Investors From Volatility
The feature was discovered in the code for a beta test version of Robinhood’s iPhone app.
Robinhood Under Investigation for FINRA Registration Violation
CEO Vlad Tenev isn’t registered with FINRA, new documents show.
Robinhood Crypto Expects to Pay $30M Fine to NY State Regulatory Body
Robinhood’s S-1 filings reveal its crypto arm is under fire for inadequate cybersecurity and for breaking anti-money laundering laws.
