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Robinhood now allows its users to engage in staking of the Solana SOL and Ethereum ETH crypto assets, according to a Monday announcement. Robinhood users can participate in blockchain ecosystems and access competitive reward rates by contributing to network operations. Crypto staking is also available to all Robinhood customers in the EU and EEA. JUST IN: Robinhood launches $ETH and Solana $SOL staking. pic.twitter.com/3JY14HTHHe — Watcher.Guru (@WatcherGuru) June 30, 2025 “Our latest offerings lay the groundwork for crypto to become the backbone of the global financial system,” said Robinhood Chairman and CEO Vlad Tenev. “Crypto was built by engineers for engineers, and has not been accessible to most people,” added Johann Kerbrat, GM and SVP of Robinhood Crypto. “We’re onboarding the world to crypto by making it as easy to use as possible—with the goal of bringing powerful tools into one intuitive platform.” It is nearly impossible to argue that 2025 has been a monumental year f...

Robinhood is steadily climbing the ranks in the crypto game as it owns the world’s third-largest Bitcoin wallet. It is evident that Robinhood is on the path of growth, and there is no going back. The acquisition of these shares comes after Robinhood announced in February 2023 that they will pursue acquiring the shares in the possession of the U.S. government. advertisement Also Read: Bitcoin Whales Back in Action, Did Robinhood Buy $3B Worth of BTC? What Are The Shares That Robinhood Will Buy From USMS? The U.S. government acquired 55 million Robinhood stock, classified as Class A common stock, after Sam Bankman Fried filed for the infamous crypto exchange FTX’s bankruptcy. Initially, the shares were registered under Emergent Fidelity Technologies, owned by Sam Bankman Fried and FTX co-founder Gary Wang.  According to the official  filing  with the Securities and Exchange Commission (SEC), “The sale of the Shares was...

The shares were bought by FTX founder Sam Bankman-Fried and co-founder Gary Wang last year and have been tussled over since the collapse of FTX. Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year. Robinhood confirmed it got board approval to buy back the stake in its fourth quarter report, which was published on Feb. 8. “Our Board authorized us to pursue purchasing most or all of our shares that Emergent Fidelity Technologies bought in May 2022," said Robinhood’s chief financial officer Jason Warnick, adding “The proposed share purchase underscores the confidence the Board of Directors and management team have in our business.” The FTX co-founders bought 55 million shares of Robinhood stock — worth $578 million at current prices — in May through Emergent Fidelity Technologies by taking out loans directly from FTX’s sister firm Alameda Res...

The Federal Reserve hiked the interest rates by another 75 basis points on Wednesday. Assets across the financial spectrum—right from stocks to Bitcoin and gold—initially noted a couple of long green candles. However, the tides reversed quickly and the gains were mostly negated within minutes. Source: TradingView In fact, over $860 billion being was out from the US stock market yesterday, with tech and consumer cyclical companies taking the hit. JUST IN: Over $860 billion was wiped out from the US stock market today. pic.twitter.com/IqFNv4qFxG — Watcher.Guru (@WatcherGuru) November 2, 2022 FinServ company Robinhood’s shares were also 4.3% down a day back. In the after trading hours, however, it managed to glide up. After noting a close to 3% incline, HOOD was trading at $11.70. Source: Google Finance The company&rsquo ;s earnings report was out on Wednesday, and it reported a net loss of $175 million in the third quarter. The loss was, notably, s...