Keep pulling the thread on Johann Kerbrat.
Analysts at Bernstein and Piper Sandler predict Robinhood's revenue from prediction markets will exceed its cryptocurrency trading revenue starting in the second quarter.
Robinhood's Gold Card has acquired over 1 million customers.
The Clarity Act in the US Senate is considered to be at the "1-yard line" for passage, according to Treasury Secretary Scott Bessant and Nathan Dean of Bloomberg Intelligence.
The lack of clear crypto regulation in the US prevents financial institutions from making long-term investments in projects involving stablecoins and tokenized assets.
Robinhood's internal data does not show a shift in user activity from cryptocurrency trading to prediction markets.
The Robinhood Earn product offers an approximate 7% yield on dollars lent to the protocol.
Robinhood's primary goal is to be an all-in-one platform for all financial needs, catering to customers at different life stages.
The Robinhood Gold Card offers 3% cashback on most purchases.
The European Union has embraced crypto regulation with its MiCA framework.
The UK's Financial Conduct Authority (FCA) is creating a new regulatory framework for cryptocurrency.
The lack of clear regulation in the US has caused crypto companies to prefer building their businesses outside of the country.
Robinhood offers crypto perpetuals to its international customers but not in the United States due to regulatory constraints.