Robinhood's 2024 was like a thrilling rollercoaster ride—full of ups, a few twists, and some exciting market expansions! Despite a few bumps with regulators, Robinhood wasn't slowing down one bit.
Imagine this: Robinhood Crypto just dropped their end-of-year report and it's packed with juicy tidbits about their 2024 escapades. Not only did they make a splash by venturing into new markets, but they also celebrated a year of trading in Europe. Time flies when you're having fun, right?
Their numbers are nothing short of impressive. By November 2024, Robinhood Crypto had notched up a whopping $119 billion in trading volume and was guarding $38 billion in shiny crypto assets. It's like they hit the jackpot of milestones this year!
Back home in the U.S., Robinhood was on a mission to spread its crypto wings. They blanketed all 50 states and territories with their services, even reaching the sun-soaked shores of Hawaii, Puerto Rico, and the U.S. Virgin Islands. They also spiced up their crypto menu, serving up new tokens like Solana (SOL), Pepe (PEPE), and the quirky dogwifhat (WIF).
For their American fans, they rolled out a new trading API, packed with tools to keep an eye on market trends, juggle portfolios, and execute those slick advanced orders.
Across the pond in Europe, Robinhood was making waves too. They introduced 14 shiny new coins, bumping the total to 40, and started staking services for Solana and Ether—because who doesn’t love earning a little extra on the side?
Their crypto wallet also got a snazzy makeover, launching on Android with advanced swapping features across several Ethereum-based networks. Plus, they revamped their token discovery tab, so hunting down and managing assets is now a breeze.
But hey, it wasn't all sunshine and rainbows. Robinhood had a little showdown with the U.S. SEC, who hinted at possible legal action over some securities law hiccups. Despite the drama, Robinhood's crypto division still managed to shine bright in 2024.
Johann Kerbrat, the man steering the ship at Robinhood Crypto, dropped a hint that 2025 might just be the year cryptocurrency truly takes off. So, buckle up because it looks like the crypto world is gearing up for even more excitement!
