Robinhood

Robinhood

Finance

The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue

Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.

A space shuttle takes off on the back of a rocket. (WikiImages/Pixabay)

Tech

Robinhood built a blockchain for tokenized stocks. Memecoins took over

Robinhood Chain has pulled in $135 million of value and 800,000 addresses since July 1. Almost none of it is doing what the chain was built for.

Baiju Bhatt (right) and Vlad Tenev, founders of Robinhood (Getty Images/Spencer Platt)

Tech

Robinhood Chain surges into top five by DEX volume: Bernstein

Robinhood's new blockchain quickly became a top-five network by DEX volume, signaling strong early demand for its tokenized asset platform, the broker said.

Robinhood's Vlad Tenev speaks at Token2049 in Singapore (Token2049)

Videos

Will the Clarity Act pass?

A new version of the CLARITY Act could arrive as soon as next week, but disagreements over ethics provisions leave crypto's biggest market structure bill racing against the congressional clock. Plus, Robinhood Chain processes more than $568 million in a single day, New Hampshire blocks a proposed bitcoin-backed bond, and what it all means for the future of crypto markets. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Will the Clarity Act pass?

Markets

Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy

The brokerage's new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.

Robinhood's Vlad Tenev speaks at Token2049 in Singapore (Token2049)

Finance

Robinhood rolls out public blockchain as it expands deeper into crypto

Robinhood's product push continues to blur the line between crypto and more traditional finance.

Johann Kerbrat Senior Vice President and General Manager, Crypto and International Robinhood. (CoinDesk)

Opinion

What Robinhood’s recent layoffs say about the current state of crypto investments

Despite the trading platform’s restructuring and the wave of crypto companies making cuts, signaling a late bear market, Altcoin Pro’s Horst, Anderson and Zhuleku explain there’s no reason to panic.

Bull and bear market (Midjourney/modified by CoinDesk)

Finance

Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations

The former Robinhood Crypto executive will oversee operations as Agora scales its rapidly growing AUSD stablecoin business.

Agora CEO Nick van Eck

Markets

Robinhood is letting AI trade for you so you don't have to keep checking the markets

Robinhood is bringing hedge fund-style automation to everyday investors by letting AI agents build portfolios, execute stock trades, and even go shopping using virtual credit cards.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)

Finance

Robinhood Crypto COO Tanya Denisova is leaving company amid revenue slowdown

Robinhood Crypto COO Tanya Denisova is leaving the firm after more than five years, as the trading platform navigates a sharp decline in crypto revenue and works to lessen its dependence on digital asset market cycles.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)