Robinhood Broadens Beyond Brokerage With MIAXdx Stake And Robinhood Chain
Robinhood Markets (NasdaqGS:HOOD) is expanding beyond trading with new product rollouts, including a move into prediction markets. The company has acquired a majority stake in MIAXdx, a derivatives exchange, as part of this broader push. Robinhood is also launching its Ethereum Layer 2 network, called Robinhood Chain, to support on chain activity tied to its platform. These moves come while Robinhood manages a challenging crypto backdrop and a transition in its chief financial officer...
Robinhood Markets (NasdaqGS:HOOD) is expanding beyond trading with new product rollouts, including a move into prediction markets. The company has acquired a majority stake in MIAXdx, a derivatives exchange, as part of this broader push. Robinhood is also launching its Ethereum Layer 2 network, called Robinhood Chain, to support on chain activity tied to its platform. These moves come while Robinhood manages a challenging crypto backdrop and a transition in its chief financial officer...
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