Posts

Showing posts with the label robinhood

Robinhood CEO Vlad Tenev Says Crypto Tokenization Could Secure Dominance of US Stock Market

Image
The chief executive of retail trading giant Robinhood says that the tokenization of traditional assets could secure the dominance of the US equities market. In a new interview on the Bankless YouTube channel, Robinhood CEO Vlad Tenev says that crypto asset tokenization will boost the US stock market the same way stablecoins are helping establish the dominance of the US dollar. “Tokenization of securities, which we’re very excited about, allows you to have ownership in companies… Stablecoins are viewed rightly as an area that could increase demand among individuals overseas as governments become prone to diversifying away from holding treasuries. So in the same way that stablecoin legislation can kind of push forward US dollar dominance, I think tokenized securities can really push forward US company dominance in the global market.” Tenev notes that by tokenzing securities on global blockchains, investors outside the US will be able to invest i...

Top Trending Cryptos on TRON Chain Today – PussFi, Cyber Dog, FRED

Image
The crypto market is currently experiencing a bullish surge, especially within the meme coin sector. This trend is reflected in the top trending cryptos on Tron chain today, including PussFi, Cyber Dog, and FRED. Notably, the recent Coinbase and Robinhood listings of PEPE have sparked a wave of excitement. These major listings are not only boosting the meme coin market but also drawing more attention to other tokens on the TRON chain. As a result, the momentum is growing, creating new opportunities for investors.  Top Trending Cryptos on Tron Chain Today Apart from the current meme coin rally, PussFi, Cyber Dog, and FRED are gaining traction on Tron Chain with their unique offerings. PussFi stands out with its utility and deflationary mechanics, driving strong community engagement. Cyber Dog, with its playful branding, is rapidly growing thanks to its passionate community. Meanwhile, FRED offers stability for cautious investors, providing reliability amidst market volatility. Ea...

Robinhood launches Solana (SOL) staking in Europe

Robinhood Crypto has announced launch of Solana (SOL) staking for its customers in Europe. New customers will also enjoy a 10% bonus on net buys. Robinhood is expanding its services and products for users in Europe. On Wednesday, the trading platform announced it was launching new features that include Solana (SOL) staking, localized apps and crypto rewards among others. The new features will target new customers, Robinhood Crypto said in an update. Robinhood launches SOL staking in Europe As part of its growth efforts, Robinhood Crypto now offers its “first-ever crypto staking product”. The platform said Solana (SOL) staking is now available directly via its app, which means users can earn rewards from their staked SOL tokens. The product will offer the flexibility of users being able to unstake at any time. “ Robinhood Crypto is already one of the lowest cost places to trade on average with an easy-to-use interface that prioritizes e...

Robinhood Buys 230 Billion Shiba Inu in Less Than 24 Hours

Image
Finance giant Robinhood has made another significant investment in Shiba Inu. According to the crypto exchange Arkham, Robinhood added 231 billion SHIB tokens to its holdings in less than 24 hours. In her latest X post, Shiba Inu enthusiast Lola explains that while Robinhood is adding to its stash of SHIB, another exchange TradeFi has been loading up on Bitcoin. Compared to Tuesday, Robinhood ’s total SHIB went up from 36.454 Trillion to 36.684 Trillion. Source: WatcherGuru Shiba Inu is currently the third-largest crypto asset by dollar value on Robinhood . At press time, Shiba Inu is trading at $0.00000953. The latest swoop of SHIB perhaps signals that whales will begin accumulating Shiba Inu. Based on their investment, Robinhood appears to be bullish on SHIB. Also Read: Shiba Inu: How High Can SHIB Surge This Week? On-chain data from IntoTheBlock adds to the narrative of significant whale activity in the SHIB market. In particular, there has been a 1,542% ...