Robinhood Stock Sets Latest All-Time High on New Crypto Offerings
Key Takeaways
- Robinhood Markets shares traded at a record again after announcing a range of new cryptocurrency products.
- The online trading platform is launching U.S. stock and ETF tokens and perpetual futures in Europe, and U.S. customers can take part in crypto stalking.
- Co-founder and CEO Vlad Tenev said Robinhood was laying the groundwork for crypto to be the “backbone” of the world’s financial system.
Robinhood Markets (HOOD) shares traded at an all-time high for a second straight session Tuesday following news the online trading platform launched what it called “a suite of new products that mark a major step forward for crypto.”
The company said it was offering U.S. stock and exchange-traded fund (ETF) tokens, as well as
