How Robinhood is ramping up the fintechs race for crypto dominance – DL News
The Roundup
- Robinhood’s growing crypto business signals a new stage for the industry.
- It comes as Wall Street and crypto companies increasingly compete.
A version of this article appeared in our The Roundup newsletter on July 4. Sign up here.
Hi! Eric here.
The race is on.
When Robinhood CEO Vlad Tenev took to the stage underneath a blazing Cannes sun this week, he did two things.
First, he unveiled a smattering of crypto products the trading platform plans to roll out in the US and Europe.
Secondly, he upped the ante in Wall Street’s campaign to secure total crypto dominance.
Robinhood’s announcement — which included launching crypto and tokenised stock trading across the EU and its own blockchain — puts it straight on a collision…
