Robinhood
Connecticut’s Department of Consumer Protection issued cease-and-desist orders on Dec. 4, 2025, accusing Robinhood, Crypto.com and Kalshi of offering unlicensed sports betting. The action underscores rising state enforcement against crypto-linked gambling and consumer risk concerns.
Connecticut state regulators issued cease-and-desist orders on Dec. 3, 2025, alleging Kalshi, Robinhood and Crypto.com offered unlawful sports-event contracts to users in the state. The action targets prediction-market style products that regulators say amount to unlicensed gambling.
Robinhood is launching a new derivatives and futures exchange as it pushes deeper into prediction markets, targeting a larger slice of the $9 billion sector. The rollout comes alongside other strategic changes designed to broaden product offerings and user engagement.
Avantis (AVNT) is up about 4% today amid signs of large-wallet accumulation and renewed attention after a Robinhood listing, though the token remains roughly 18% lower over the past month.
Canary Capital's Spot XRP ETF, ticker XRPC, is now listed on Robinhood and began trading at 9:30 AM ET (6:30 AM PT). Canary Capital shared details about the new product on social media ahead of the launch.
Robinhood posted best-ever Q3 results with $1.27 billion in revenue — double year‑over‑year — and net income up 271%, driven largely by a 300% jump in crypto trading activity and new business lines.
Robinhood experienced an 8% drop in stock value even after reporting a significant increase in crypto revenue for Q3 2025. This highlights the volatile nature of crypto markets and investor sentiment.
Robinhood reported a significant increase in its third-quarter crypto revenue, doubling its income and surpassing earnings expectations. Despite this strong performance, the company's shares dropped by 8% following the announcement. This news highlights the unpredictable nature of stock market reactions to crypto sector growth.
Robinhood's shares fell 8% even after the company reported a significant increase in Q3 crypto revenue. This paradox highlights market volatility and investor sentiment toward crypto-based earnings.
Robinhood CEO Vladimir Tenev predicts that tokenization will revolutionize the entire financial system, potentially setting the framework for major markets by 2030. Speaking at an event in Singapore, he emphasized the transformative power of tokenized assets.