Robinhood will lay off nearly a quarter of its employees, due to the continued deterioration of the macro environment and a broad crypto market crash.
FTX is reportedly exploring a takeover of Robinhood Markets, the popular trading app that introduced millions of traders to Bitcoin, Etherand Dogecoin.
Cryptocurrency and stock trading app Robinhood plans to roll out the beta version of its digital wallet feature next year.
Blockchain analytics firm Chainalysis will be joining forces with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet.
According to Robinhood CEO Vlad Tenev ,1 million people are on the waitlist for the long-awaited crypto wallet.
