How Robinhood wants to use crypto to reach Canada

While Robinhood may expand their offerings down the road, they’ve begun their Canadian entry with a cryptocurrency trading platform. That launch comes at a time when crypto interest appears to be waning. Bitcoin has lost about one third of its value over the past 12 months, though flows into US-listed cryptocurrency ETFs have picked up in volume over the past month. Kerbrat says his firm’s approach is to remain agnostic to the price activity in cryptocurrencies and focus on the demand for access by investors. He says that this approach allows Robinhood to outcompete on crypto products and tools, contrasting their consistent approach with competitor…