Robinhood has launched a public blockchain as part of its broader strategy to deepen its presence in the cryptocurrency sector. The company is expanding its perpetual futures trading in Europe to include commodities, ETFs, and foreign exchange markets alongside crypto. Additionally, Robinhood plans to introduce crypto trading in the U.K. and has extended its services to Canada following the acquisition of WonderFi.
The brokerage also unveiled Agentic Accounts, an AI-powered trading tool for U.S. users, allowing them to connect AI models to Robinhood's trading infrastructure while maintaining control over capital allocation and trading parameters. This move highlights Robinhood's efforts to integrate decentralized finance with traditional financial services, aiming to become an "everything exchange" that supports diverse trading activities on blockchain platforms. Despite these expansions, Robinhood recently announced a 10% workforce reduction to streamline its operations.
Robinhood Launches Public Blockchain Amid Crypto Expansion
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