Robinhood Doubles Crypto Earnings as Tokenization Strategy Takes Shape
Robinhood reported a blockbuster in the second quarter, with its cryptocurrency revenue more than doubling as it leans toward asset tokenization as a key pillar of future growth. The trading platform announced a 45% year-over-year increase in total revenue, hitting $989 million. Net income also soared, climbing to $386 million, while earnings per share came […]
Cboe and NYSE Arca Aim to Standardize Crypto ETF Process
Two of the largest U.S. stock exchanges, Cboe BZX and NYSE Arca, have jointly filed a proposal with the Securities and Exchange Commission (SEC) seeking to overhaul the current process for listing cryptocurrency exchange-traded funds (ETFs) . Their aim is to simplify and accelerate the approval of crypto ETFs by allowing automatic listings under clearly […]