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Robinhoods

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11 May 23

Robinhood’s net revenue quadruples amid tight rate hikes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Federal Reserve (Fed) has been raising its interest rates for the tenth consecutive time since March 2022. According to Reuters, the rate hikes favor the US-based brokerage platform Robinhood. Thanks to the Fed’s 75-basis point rate hike in 2023, […]

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28 Feb 23

SEC subpoena targets Robinhood’s crypto business

Financial services company Robinhood Markets received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding the company’s crypto custody services and supported cryptocurrency assets on its platform. In a form 10-k filing with the SEC, Robinhood revealed that the company received the subpoena from the SEC in December 2022. The subpoena, according to […]