$110,566.00
-0.26%$2,672.54
2.37%$2.44
1.71%$687.19
0.97%$180.67
2.76%$0.999803
0.01%$0.245342
3.00%$0.816014
3.78%$0.274524
1.01%$2,667.95
2.31%$110,463.00
-0.17%$3.86
-4.44%$34.95
14.38%$3,213.00
2.49%$16.73
2.90%$25.17
5.14%$0.302498
1.90%$0.00001547
3.30%$442.81
6.74%$0.204042
1.83%$8.87
0.01%$3.16
1.46%$100.49
2.12%$4.96
3.23%$2,671.18
2.46%$391.20
-1.66%$0.999851
0.01%$5.76
9.16%$0.00001543
11.90%$2,852.44
2.44%$0.999965
0.00%$0.807712
-2.46%$0.999995
0.04%$110,742.00
-0.03%$31.69
4.92%$463.78
-0.90%$6.49
3.01%$255.84
1.75%$3.06
4.76%$5.87
9.54%$217.45
2.85%$1.018
2.16%$52.96
-0.46%$0.115461
0.49%$5.65
3.74%$0.099978
1.29%$19.60
1.36%$1.00
0.00%$36.11
0.16%$14.11
-1.89%$5.19
5.61%$21.94
0.54%$0.03054685
2.50%$0.763335
1.92%$1.17
-0.02%$0.419487
3.90%$0.905953
11.21%$1.56
24.86%$5.20
3.36%$0.251942
1.69%$1.052
0.03%$1.00
-0.02%$0.43051
2.60%$110,354.00
0.35%$0.241286
2.35%$3.06
1.79%$4.39
-0.47%$2.87
6.44%$0.00002319
9.57%$0.592807
10.93%$0.531523
2.44%$4.71
1.27%$2,665.63
1.74%$0.999312
0.15%$1.57
8.30%$190.27
3.66%$0.9876
0.60%$2,805.91
2.70%$11.48
0.77%$2.19
11.85%$98.26
-1.21%$14.50
12.16%$0.81138
5.88%$0.245857
3.56%$4.68
4.97%$0.709082
3.58%$1.27
13.98%$0.01940737
0.20%$3,031.49
2.24%$1.25
-1.90%$0.774541
1.54%$1.001
0.17%$0.11987
2.53%$0.072342
0.02%$0.838066
5.02%$110,856.00
-0.09%$1,765.47
0.74%$0.0001121
9.13%$3.38
1.50%$234.03
2.84%$2,843.69
2.45%$0.968164
2.27%$0.0209332
2.49%$200.59
2.84%$0.01900322
1.15%$110,835.00
0.46%$1.001
-0.12%$0.999444
0.01%$0.01409636
0.58%$2,801.61
2.41%$0.970922
3.45%$0.230454
-0.53%$687.19
1.05%$109,587.00
-2.77%$0.842533
-1.26%$0.9999
-0.01%$2,792.52
4.27%$0.336201
2.28%$3,328.28
-0.03%$0.142256
5.20%$2.49
0.23%$3,330.95
-0.19%$0.851791
-3.40%$49.09
13.32%$23.76
1.04%$4.27
5.60%$38.97
0.37%$0.077001
4.85%$0.569801
-11.95%$0.00000076
2.25%$2.10
3.14%$4.55
-2.25%$12.60
-0.80%$0.12267
2.52%$2.13
3.29%$109,754.00
-0.95%$0.435225
2.56%$0.656665
1.92%$0.01994102
-1.98%$2.42
-3.86%$0.999408
-0.03%$0.997428
-0.02%$2.06
-0.51%$0.339423
3.11%$0.244393
2.53%$111.15
0.01%$1.10
-0.65%$2,667.90
2.32%$2,667.78
2.28%$0.686883
3.43%$0.698686
1.01%$110,605.00
-0.16%$2,790.41
3.15%$19.64
2.47%$2,837.32
2.03%$0.0095034
0.49%$0.556309
8.19%$0.17513
7.19%$0.542356
3.33%$0.698069
2.34%$0.461688
-1.29%$0.00526825
17.48%$0.00000134
10.75%$7.94
1.60%$2,671.31
2.45%$2.10
0.80%$110,540.00
-0.18%$3.09
2.04%$0.195409
6.10%$0.107929
4.03%$0.997963
-0.04%$0.097135
0.30%$0.196432
-5.75%$6.95
2.08%$0.735036
1.86%$107,504.00
0.34%$0.0052059
-1.36%$1.58
3.32%$0.00002391
1.15%$0.433095
-0.05%$0.050445
-2.70%$1.68
7.25%$1.67
-0.92%$0.999807
0.00%$0.04678203
1.25%$0.062815
-2.20%$0.170463
3.94%$0.0084988
6.81%$0.00000045
1.58%$0.180642
3.59%$1.36
1.05%$34.90
14.82%$1.10
0.08%$38.20
1.54%$2,659.31
2.14%$1.088
0.01%$0.00458821
27.67%$0.00483638
2.52%$0.421957
1.63%$0.999199
1.11%$44.90
1.32%$0.376138
4.03%$3.36
5.07%$0.890104
2.62%$0.00581422
4.46%$2,856.15
3.36%$110,010.00
0.61%$1.002
0.35%$34.88
14.82%$0.25173
1.50%$0.01979562
1.93%$0.999286
-0.03%$0.03813758
-0.16%$0.340376
3.70%$141.45
1.28%$0.371098
4.25%$0.390946
1.49%$2,932.93
2.24%$0.871936
1.89%$110,334.00
-0.30%$0.00006597
2.45%$0.999753
0.04%$2,911.15
2.46%$25.34
5.85%$2,664.90
2.10%$0.00000164
-2.80%$0.570714
10.58%$0.269831
3.76%$0.239458
0.52%$19.95
2.83%$2.95
4.72%$0.724874
1.17%$2,677.71
2.89%$0.999581
-0.02%$2,879.32
2.31%$0.999812
-0.00%$19.41
-0.01%$0.999428
-0.00%$0.738164
3.98%$0.0007405
-2.68%$0.999907
0.08%$0.003027
3.82%$25.02
2.96%$0.00
2.49%$3.70
4.77%$30.60
5.95%$3.27
-9.57%$201.48
2.83%Reading
Robinhood’s popularity has soared in the United States, as the mobile trading app—which includes cryptocrypto buying and selling—has racked up significant new user counts and funding rounds alike.
However, Robinhood’s plans of launching in the UK soon were perhaps too ambitious. CNBC reports that the service has sent a message out to those who signed up for its UK waitlist to inform them that the app will in fact not be launching in the foreseeable future.
“A lot has changed in the world over the past few months, and we’ve made the difficult decision to postpone our UK launch indefinitely,” a Robinhood spokesperson told CNBC. “As a company, we are refocusing our efforts on strengthening our core business in the US.”
“Although our global expansion plans are on hold for now, we’re committed to democratizing finance for more people around the world,” the spokesperson continued. “We look forward to the day when we can bring this mission to the UK.”
Democratizing finance for all means more accessible financial information for the next generation of investors. Through Robinhood Learn, we aim to provide helpful resources to guide you in your financial journey.https://t.co/Xl3mBgnHqA pic.twitter.com/daIz5nVKSv
— Robinhood (@RobinhoodApp) July 16, 2020
Robinhood secured broker authorization from the UK Financial Conduct Authority (FCA) in summer 2019 before launching its waitlist last November. CNBC reports that Robinhood’s UK website will be taken offline, waitlist email addresses will be deleted, and some of the company’s 10 UK employees will be moved to US teams while others will be laid off.
Robinhood has experienced significant ups and downs over the last few months, including onboarding more than 3 million new users so far this year by May and reporting a $600 million total Series F financing round that raised the company’s valuation to $8.6 billion.
However, the trading app also stumbled multiple times in March during the peak of the economic crisis, becoming unavailable at times while users struggled to manage their holdings.
Robinhood, the popular mobile investment app that also lets users buy and sell cryptocurrencies, announced today that it has raised another $320 million as part of a Series F round first announced in May. The latest sum comes from both new and existing investors, with the company calling out TSG Consumer Partners and IVP as two of the key firms in a small update to its previous blog post. Today’s news was first reported by Fortune. In May, Robinhood announced that it had raised a $280 million Se...
In June, 20-year-old Alexander Kearns committed suicide after reportedly seeing a $730,000 negative balance in his account while trading options, as he noted in a letter left for his family.
Robinhood co-founders and co-CEOs Vlad Tenev & Baiju Bhatt issued condolences to his family in a blog post while promising to make interface and experience improvements to the app, including restricting some access to options trading. The company also pledged $250,000 to the American Foundation for Suicide Prevention.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
