Robinhood revealed Tuesday that it’s acquiring Canadian crypto leader WonderFi for CA$250 million (around $178.56 million) in an all-cash deal as it pushes into Canada’s growing digital asset market. WonderFi operates two regulated crypto platforms, Bitbuy and Coinsquare, with over CA$2.1 billion in assets under custody. The transaction offers WonderFi shareholders CA$0.36 per share, representing…
Category: Robinhood
Aetherflux, baiju bhatt, Global IT News, Global Security News, Robinhood, Space, Startups, StrictlyVC, StrictlyVC Menlo Park, TC, Venture
You’re invited to a fireside chat with Baiju Bhatt on Sand Hill Road on June 18 at StrictlyVC
We’re thrilled to announce that Baiju Bhatt, co-founder of Robinhood and founder and CEO of Aetherflux, will be joining us for a rare, intimate fireside chat as part of TechCrunch’s StrictlyVC evening series on June 18 on Sand Hill Road in Menlo Park. As with all of our StrictlyVC evenings, the event will feature just…
Crypto, Fintech, Global IT News, Global Security News, Government & Policy, Robinhood, SEC
The SEC will not sue Robinhood over crypto
Robinhood on Monday said that the SEC has closed its investigation into Robinhood’s crypto unit and will not pursue action. This follows Coinbase saying on Friday that the SEC has dropped its lawsuit against it. The SEC, under former chair and crypto hawk Gary Gensler, was looking into a number of crypto exchanges over how…
copy trading, Dub, Fintech, gamestop, Global IT News, Global Security News, Robinhood, Social, Steven Wang, TC, Tusk Ventures, Vlad Tenev
Dub: the copy trading app that has teens talking
Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang — a Harvard drop-out who began…
Fintech, Global IT News, Global Security News, Robinhood, SEC, TC
Robinhood agrees to pay $45M in SEC settlement
Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with…
copytrading, Crypto, event contract, Fintech, futures, Global IT News, Global Security News, prediction market, Robinhood, Vlad Tenev
Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025
Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood’s 2021 IPO — a period during which shares of the commission-free trading app plummeted by more than 90% after it abruptly restricted trading in some meme stocks — the 12-year-old company was just declared Yahoo Finance’s…