The commission-free trading app is hoping to use the licenses of crypto exchange Bitstamp, which it agreed to buy last month in a $200 million deal, once the transaction closes next year, the report said. It also wants to launch CME-based futures in the U.S. for Bitcoin and Ether. Robinhood Crypto was the driving force behind a massive first-quarter earnings beat in May, but the same week it also disclosed that it received a so-called Wells notice from the U.S. securities regulator over tokens traded on its platform.
(Bloomberg) -- Robinhood Markets Inc. is considering offering cryptocurrency futures in the US and Europe in the coming months, according to people familiar with the commission-free investing and trading platform’s plan.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineePowerful Hurricane Beryl Aims at Jamaica After Grenada StrikeTrump Immunity Ruling Means Any Trial Before Election Unlikely‘Upflation’ Is the New Retail Trend Driving Up Prices for US ConsumersB
Lombard is partnering with staking startup Babylon to let users earn interest for "restaking" with Bitcoin – using the asset to secure other crypto networks.