From Time Inc.:



Robinhood’s CEO Vlad Tenev and his head of crypto, Johann Kerbrat, announced the expansion of Robinhood’s crypto business into the European Union. The company has been engaging with the crypto market for the past five years and hopes to continue to grow its market share. Amid regulatory scrutiny and a decline in crypto revenues, Robinhood has expanded its crypto offerings and is creating its own crypto wallet. The company is launching in Europe, taking advantage of a friendlier legal environment for blockchain boosters. They are relisting certain cryptocurrencies and plan to continue adding products in Europe. Despite the decline in crypto revenues, Robinhood’s CEO believes that continuing to be committed to crypto is the right strategy. The company sees crypto as a potentially game-changing technology and wants to be a leader in connecting the real world and fiat with crypto. Robinhood plans to expand its presence in the world of decentralized money, even amid regulatory scrutiny and turbulence. There is potential for growth in the crypto market, and Robinhood is positioning itself to take advantage of that growth.



Original: Robinhood’s crypto revenue is the lowest it’s been in 3 years, but it still stans crypto—and Dogecoin