Robinhood CEO claims tokenisation prevents buying and selling halts by permitting instantaneous blockchain settlement, avoiding the collateral crises that brought about the 2021 GameStop freeze. Present T+1 settlement stays too gradual for twenty-four/7 markets; tokenised shares allow real-time clearing, 24/7 buying and selling, and native fractionalisation. The agency is pushingContinue Reading

Robinhood Markets reported robust Q3 income of $1.2 billion, practically double the earlier yr and exceeding forecasts, leading to web earnings of $556 million. The corporate surpassed general expectations with $989 million in complete gross sales and $386 million in revenue. Robinhood expanded its choices by buying crypto trade BitstampContinue Reading