Robinhood Markets Stock News

Bitstamp gives Robinhood over 50 global crypto licenses, a ready-made institutional client base, and new infrastructure for lending, staking, and crypto-as-a-service. Robinhood plans to keep Bitstamp's operations intact for now, using the exchange for smart order routing and expanding its presence across Europe, the UK, and Asia.

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MENLO PARK, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming Piper Sandler Global Exchange & Trading Conference on Thursday, June 5, 2025.

Robinhood says its browser-based desktop trading platform is now available to U.K. customers. First introduced last year, Robinhood Legend is designed for active traders and is available at no added cost to anyone with a Robinhood account.

U.S.-based online brokerage Robinhood said on Wednesday it was expanding its desktop platform into the UK to extend its reach among retail investors looking for more sophisticated trading tools.

The boom in Bitcoin is driving both stocks. But Robinhood is on a meteoric rise because of the very obvious rebound in riskier stocks.

Bitcoin was trading in uncharted territory and hovering around $110,000 Thursday morning.

Crypto stocks will likely continue doing well this year as demand for Bitcoin rises. Bitcoin price has already jumped to a record high of over $11,000, while odds of it rising above $150,000 have risen to 47% from a low of 11% in April.