Robinhood CEO Vlad Tenev has announced a strategic plan to derive more than 50% of the company's revenue from non-U.S. and institutional markets within the next decade. This ambitious goal was revealed during the company's earnings call on November 5. Robinhood, known for its commission-free trading platform, is actively expanding its presence in the UK and EU to tap into these markets.
In addition to its expansion plans, Robinhood has appointed Shiv Verma as its new Chief Financial Officer. The company, which launched in 2015, continues to experience robust growth as it diversifies its revenue streams beyond its initial U.S. retail base.
Robinhood Targets Over 50% Revenue from Global and Institutional Markets by 2035
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