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Robinhood Crypto Trading App Sets Its Sights On UK Traders

Claudia Rivera

Summary: Robinhood, a trading app that allows users to open a savings account, now has 60k members in the UK market since November, reports Coinvedi. In just five years, Robinhood achieved a valuation of $7.6 billion.  This innovation, like Venmo and Bitcoin are making banks and investment firms rethink the ways they handle business. A foothold ...

Robinhood, a trading app that allows users to open a savings account, now has 60k members in the UK market since November, reports Coinvedi. In just five years, Robinhood achieved a valuation of $7.6 billion. 

This innovation, like Venmo and Bitcoin are making banks and investment firms rethink the ways they handle business. A foothold in the UK markets will be as significant in the US market because London is an international finance center and will most likely make Robinhood a powerhouse for investments.

By Claudia Rivera

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