Robinhood Expands Global Presence with Crypto Trading and Retirement Offerings in EU and UK
TL;DR
Robinhood announced the launch of Bitcoin and cryptocurrency trading in the European Union, causing a breakout in HOOD stock. The Robinhood Crypto app will offer customers the ability to trade over 25 digital tokens, including Bitcoin, ether, and ripple, at a low cost. Customers will also receive a percentage of their trading volume back every month, paid in Bitcoin. The surge in cryptocurrency prices has contributed to the rise in Robinhood's stock, which is up over 23% this week. The company plans to expand its stock trading services to the U.K. by early 2024.
Topics:businesscryptocurrency#bitcoin#cryptocurrency#cryptocurrency-trading#european-union#hood-stock#robinhood
- Robinhood Stock Breaks Out After Surge In Bitcoin, Cryptocurrencies Investor's Business Daily
- Robinhood launches crypto trading service in the EU CNBC
- Robinhood Crypto Launches in EU With 'Crypto Back' Bitcoin Rewards Program Decrypt
- Robinhood to launch retirement offering in the UK Financial News
- Robinhood Launches Commission-Free Crypto Trading App in Europe Yahoo Finance
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