Express

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

Last Update:

Tags: ,,
Link: Robinhood Crypto Trading App Sets Its Sights On UK Traders   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 17 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.