Robinhood Expands Crypto Services With Micro Futures on Bitcoin, Solana & XRP
From Cointelegraph
June 27, 2025 2:32:00 pm:
Robinhood introduces micro futures contracts for Bitcoin, Solana, and XRP, allowing traders to trade derivatives with lower capital requirements. The offering expands on existing crypto futures products for Bitcoin and Ether, with micro futures being smaller versions of standard contracts. Robinhood has more than 25 million funded customer accounts. Source: Robinhood
Robinhood strengthens its crypto offerings through major acquisitions, including a $200 million acquisition of Bitstamp and a $179 million acquisition of WonderFi. These deals reflect the increasing M&A activity in the crypto sector, with notable transactions like Coinbase’s $2.9 billion acquisition of Deribit and Ripple’s $1.25 billion takeover of Hidden Road. Source: Bitstamp
The crypto industry sees a trend of consolidation as companies face challenging macroeconomic conditions and jittery markets, leading to fewer venture capital deals. In May, only 62 deals were completed, according to RootData. Despite the downturn in VC deals, large M&A transactions continue to shape the industry’s landscape.
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