The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.
Coinbase is reshaping its Ethereum layer-2 network, Base, around trading, payments and tokenized assets as Robinhood’s new blockchain rapidly gains users and liquidity in many of the same markets. On July 15, Base creator Jesse Pollak acknowledged that the network’s earlier emphasis on social products had allowed it to lose ground in several of crypto’s […]
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Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.
Robinhood Chain has pulled in $135 million of value and 800,000 addresses since July 1. Almost none of it is doing what the chain was built for.
Robinhood's new blockchain quickly became a top-five network by DEX volume, signaling strong early demand for its tokenized asset platform, the broker said.
Robinhood Chain hit $3.1B in weekly DEX volume and 65K users since its July 1 launch, as the Layer 2 eyes tokenized markets, Bernstein said.
Robinhood’s crypto strategy is becoming less about offering a few coins and more about owning infrastructure. Its decision to use Chainlink CCIP for its Layer-2 network adds another piece to that shift, especially as the
The brokerage's new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.
Robinhood’s planned acquisition of Bitstamp is one of those deals that makes immediate strategic sense. Robinhood gets a much more established global crypto footprint, while Bitstamp offers a brand and institutional reac
Robinhood has launched a public Layer 2 mainnet built around real-world assets, tokenized products, and DeFi infrastructure.
Vlad Tenev spoke to his belief in the merging of TradFi and crypto when asked if digital assets have entered an "enduring" downturn.
Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentralized lending products, even as one of its fastest-growing revenue opportunities may be forming outside crypto. On July 1, the brokerage launched the public mainnet for Robinhood Chain at a London event, marking its most direct move […]
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Robinhood Chain, a Layer 2 built using Arbitrum's tech stack, went live on public mainnet, with partners including Uniswap from day one.
Robinhood's product push continues to blur the line between crypto and more traditional finance.
Bernstein said DraftKings' DKeX launch keeps prediction-market revenue in-house as consolidation reshapes trading and betting platforms.
Despite the trading platform’s restructuring and the wave of crypto companies making cuts, signaling a late bear market, Altcoin Pro’s Horst, Anderson and Zhuleku explain there’s no reason to panic.
The former Robinhood Crypto executive will oversee operations as Agora scales its rapidly growing AUSD stablecoin business.
The trades came as Coinbase's stock closed down 2.57% at $164.92 on Wednesday, while Robinhood gained 8.78%.
Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering tokenized shares.
Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading.
Bernstein projects Robinhood’s prediction market revenue to increase from $150 million in 2025 to $586 million in 2026.
Robinhood Markets has closed its acquisition of WonderFi, a Canadian leader in digital asset products and services, marking the US trading platform’s formal entry into Canada and pushing its total international funded customer base past 1 million for the first time, per the company’s official announcement on June 1, 2026. Related Reading: The Bitcoin Retracement Rally And The Resistance Level That Could End It All WonderFi operates two of Canada’s longest-standing regulated crypto platforms — Bitbuy and Coinsquare — both of which will now carry the Robinhood brand. The approximately 300,000 funded customers already using those platforms transfer directly into Robinhood’s ecosystem, per the announcement, representing one of the more meaningful immediate user acquisitions any crypto-facing platform has made through an M&A transaction in recent memory. BTC's price trends to the downside on the daily chart, Source: BTCUSD on Tradingview What Canadian Users Get For Canadian customers, the Robinhood acquisition delivers a concrete upgrade on cost and experience. Under the new structure, users will be invited to download the Robinhood app, gaining access to a flat 0.5% fee per CAD trade — a pricing model Robinhood describes as lower than existing market rates — alongside Robinhood’s consumer interface and its globally scaled platform infrastructure, per the official announcement. WonderFi’s existing institutional relationships in Canada will be maintained under Robinhood’s ownership, with the company stating it will continue building on those partnerships alongside the institutional business it has already established through Bitstamp, the European exchange Robinhood acquired in 2023, per the press release. Johann Kerbrat, SVP and General Manager of Robinhood Crypto and International, said in the announcement that WonderFi’s extensive experience operating regulated crypto platforms — serving both beginner and advanced users — made it an ideal partner to accelerate Robinhood’s mission in Canada. A Global Expansion Play With Real Infrastructure The WonderFi deal is not Robinhood’s first international move but it is among its most structurally complete. Rather than building a Canadian regulatory presence from scratch, Robinhood acquired two established licensed platforms with existing user bases, compliance frameworks, and institutional relationships — a considerably faster path to meaningful market presence than organic entry would have allowed. Related Reading: Binance Unveils Trading Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan The Canadian headquarters Robinhood established in Toronto in 2024 as an engineering hub now sits alongside more than 240 employees based in the country — a workforce that, combined with WonderFi staff, gives Robinhood a substantial operational footprint north of the border from day one, per the announcement. This development marks a pivotal moment for the nascent sector’s consolidation phase in North America. Robinhood entering Canada through a regulated acquisition — not a gray-area expansion — reflects the same institutional playbook reshaping crypto exchange ownership in South Korea and Europe simultaneously: established financial platforms acquiring regulated local infrastructure rather than testing regulatory limits from the outside. Cover image from ChatGPT, BTCUSD chart from Tradingview
Robinhood's acquisition of WonderFi enhances its global reach, potentially reshaping Canada's crypto market with increased accessibility and innovation.
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Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
Robinhood is bringing hedge fund-style automation to everyday investors by letting AI agents build portfolios, execute stock trades, and even go shopping using virtual credit cards.
Robinhood Crypto COO Tanya Denisova is leaving the firm after more than five years, as the trading platform navigates a sharp decline in crypto revenue and works to lessen its dependence on digital asset market cycles.
BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation. A Chart Pattern Worth Watching On the technical side, traders point to a possible cup-and-handle pattern, but this is a subjective chart formation with no guarantee of outcome. Resistance is often cited around $625–$650, with some speculative projections suggesting a move toward $1,000, though this depends heavily on broader market conditions and is not a confirmed target. The target also lines up with ZEC’s 1.618 Fibonacci extension, drawn from a $745 swing high down to a $185 swing low. Privacy Coins Pull Ahead ZEC is not moving alone. Monero and Dash, both privacy-focused tokens, have also posted gains over the past month. But Zcash leads the pack. Reports indicate the coin climbed more than 80% in 30 days while the total crypto market cap barely moved — up just 0.2% over the same stretch. $ZEC update This thing is running its own bull market rn… gg I closed my short. Especially with $BTC sitting on support around $76k Even a small pump in Bitcoin makes ZEC go absolutely stupid right now https://t.co/xLs6ficv7l pic.twitter.com/obAhbnXqfp — SnorlaX お金 (@SnorlaxOnChain) May 18, 2026 In the past three days alone, ZEC added 18% as the broader market slipped 3%. That split has prompted some traders to say Zcash is running its own bull market. Growing demand for financial privacy appears to be the main force behind the move, pulling fresh interest into a coin that had been largely overlooked for years. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout Institutional Interest Adds Fuel Earlier in May, hedge fund Multicoin Capital disclosed it holds a position in ZEC. Around the same time, Robinhood added the token to its platform, opening it up to a wider pool of retail investors. Both developments landed at a time when the privacy narrative was already building. Hayes’s comment added another layer. His estimate was speculative — based on a market cap comparison to Bitcoin — but it drew attention and, according to data, ZEC’s value in Bitcoin terms has risen about 20.5% since he made the remark. Whether the cup-and-handle plays out or not, the coin has already proven it can move on its own terms. Featured image from Quicknode, chart from TradingView
Ondo is gaining significant institutional traction after being selected to participate in a key working group led by DTCC. This move places Ondo in direct collaboration with established financial institutions and infrastructure leaders, working to define how traditional assets can be brought on-chain at scale. What Ondo’s DTCC Role Means For The Broader Crypto Market In a recent post on X, Ondo Finance has revealed that the firm has been selected to join an industry working group led by Depository Trust and Clearing Corporation (DTCC), a major initiative aimed at advancing tokenization across the United States capital markets. DTCC currently custodies over $114 trillion in assets and has processed an estimated $3.7 quadrillion in transactions annually. Related Reading: Ondo Finance Brings Tokenized Stocks, ETFs To BNB Chain With New Expansion The initiative focuses on building a tokenization service designed to bring the core of the US capital market infrastructure on-chain, with Ondo among the selected group of firms contributing to its design. With this initiative, Ondo is positioned to work alongside major financial institutions such as BlackRock, Goldman Sachs, J.P. Morgan, Franklin Templeton, Morgan Stanley, Bank of America, Citadel Securities, NYSE Group, Circle, Fireblocks, Robinhood, and more. Furthermore, the DTCC President and CEO, Frank La Salla, emphasized the significance of this transition, noting that tokenization has the potential to transform how markets operate, unlocking new levels of liquidity, transparency, and efficiency for investors. With over 50 years of experience, the DTCC has been at the center of US capital markets. Its decision to build a tokenization service and to bring Ondo to the table alongside the world’s leading financial institutions reflects how far tokenization has come. As the largest tokenizer of stocks, ETFs, and US Treasuries, Ondo is well-positioned to help shape the next phase of financial innovation, one that aims to keep US markets competitive in an increasingly digital and global economy. Institutional Adoption Accelerates Beyond Experimentation In another major move, Franklin Templeton, a $1.7 trillion asset manager, has made a decisive move into blockchain by choosing Ondo Finance as its gateway to the next generation of investors. An analyst known as 2xnmore on X highlighted that instead of building its own infrastructure or relying on traditional financial intermediaries, the firm has opted to leverage Ondo’s existing on-chain rails. Related Reading: Bitget and Bitget Wallet Support Trading of Over 100 Tokenized Assets via Ondo Finance Through the Ondo global markets, five ETFs are now live and tradeable 24/7 directly from crypto wallets. This removes many of the traditional barriers associated with investing, such as brokerage accounts, geographic limitations outside the US, and reliance on intermediaries, offering a more open approach. Ondo currently controls an estimated 70% of the tokenized equity market, while targeting the much larger $30 trillion global ETF market. Also, this massive gap between Ondo’s current footprint and its potential addressable market underscores the scale of the opportunity ahead. Meanwhile, the broader message is clear. Wall Street is no longer approaching crypto as an experiment. Instead, institutions are approaching blockchain as a more efficient infrastructure layer, and Ondo built the rails first. Featured image from YouTube, chart from Tradingview.com
Bernstein maintained a $130 price target for Robinhood after a Q1 miss, highlighting its record 8.8B event contracts and $17B margin book.
The company reported a 7% year-over-year increase in transaction revenues, posting a total of $623 million for the quarter.