DFSKinokontrol
Estados Unidos Lisensya ng Crypto Asset Exchange (CEX)
Mga Pangunahing Rehiyon na Apektado
Estados Unidos Lisensya ng Crypto Asset Exchange (CEX)
Estados Unidos Lisensya para sa Paglilipat ng Crypto Asset (VASP-MTL)
Lithuania Lisensya sa Crypto Asset Trading (CASP-STP)
Isang tagapamagitan na nagbibigay ng access sa digital asset trading, liquidity, at mga serbisyo ng OTC para sa mga gumagamit.
Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the companys stock hit a new low. Tenev, in a blog post, said that the lay-offs came after a headcount growth that “led to some duplicate roles and job functions, and more layers and complexity than are optimal.” According to Reuters, the online trading platform had 3,400 employees, so around 300 people may be affected by the cut. Since the beginning of 202, Robinhood has witnessed an increase in its employees from 700 to 3,800. Regardless of the lay-off, Robinhood claims that its financial position is strong. Tenev announced that the company has over $6 billion in cash on its balance sheet. Tenev said, “after carefully considering all these factors, we determined that making these reductions to Robinhoods staff is the right decision to improve efficiency, increase our velocity, and ensure that we are responsive to the changing needs of our customers.” Following the news of the lay-off, shares of the companys stock closed at $10 on Tuesday, the lowest price since Robinhood went public in July 2021. Robinhoods layoff announcement comes days before the company is expected to report its Q1 2022 financial performance. The company posted a $423 million

Nasdaq-listed commission-free stock trading platform, Robinhood has signed an agreement to acquire a UK-based electronic money institution and crypto-assets firm Ziglu. As announced by the company, the deal is subject to regulatory approval and other customary closing conditions. “Ziglu and Robinhood share a common set of goals, working to reduce the barriers to entry for a new generation of investors, and we‘re excited to pursue that mission together,” said Mark Hipperson, Founder, and CEO of Ziglu. “As part of Robinhood, we’ll supercharge Robinhoods expansion across Europe and bring better access to crypto and its benefits to millions more customers.” Ziglu grants UK customers the opportunity to buy 11 different digital assets and provides additional services like ‘Boost’ in which users can earn a yield on their digital assets. As a regulated platform in the United Kingdom, Ziglu allows its customers to make payments using a debit card, and move and spend money, even abroad, without fees. Robinhoods acquisition of Ziglu aims to expand its global footprint as the platform can quickly help it reach more users in the UK and Europe on a larger scale. The commission-free services Robinhood offers a better transaction experience on Ziglu come off as a convenient convergence that aligns

Crypto executive Christine Brown, who was overseeing Robinhoods cryptocurrency initiatives is leaving the brokerage firm, she confirmed via her Twitter account. Brown had spent five years at the company after leaving Google in 2017. “After 5 amazing years at RobinhoodApp, Im moving on to start something new,” Brown tweeted. According to a source familiar with the matter, Brown is starting a crypto startup. However, further details about her company are yet to be revealed. “As for what‘s next, I’m excited to be staying in the crypto space—more from me soon!” Brown said in her Twitter thread. “I joined RH (short for Robinhood) when it was under 100 people — before we even offered a crypto product. Watching us grow through IPO and serving more than 22 million users has been the greatest professional experience of my life,” her tweet continued. At Robinhood, she helped build a “self-clearing firm, standing up a Product Operations team, and supporting scaling crypto business.” Robinhood‘s chief operating officer Gretchen Howard further confirmed her departure in a statement with The Block saying “We’re so grateful to Christine for her contributions to Robinhood over the past five years - from leading our self-clearing initiative to scaling the Robinhood Crypto team. Were excited to
