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22 April 2021

Robinhood’s crypto business explodes in the first quarter despite GameStop controversy

Robinhood’s crypto business explodes in the first quarter despite GameStop controversy


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Robinhood, a popular trading app targeting millennials and other inexperienced investors, has become a major hub for cryptocurrencies, offering further evidence that digital assets are garnering mainstream appeal. .

That Robinhood’s crypto business is on the rise is hardly surprising given the size and growth rate of the crypto market over the past six months.

Although the company didn’t specify when its IPO would take place, it confirmed that the offering would go ahead “after the SEC contemplates its review process, subject to market and other conditions.”

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cointelegraph.com
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