MENLO PARK, Calif., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Historically, retail investors have been locked out of private companies in their earliest stages, which can be among the biggest wealth creation opportunities available.
Robinhood received regulatory permission to begin offering cryptocurrency services in the United Kingdom. The traditional platform has been part of the Financial Conduct Authority's list of registered cryptoasset companies since July 31.
Today, Robinhood Ventures Fund II (RVII) is announcing the launch of the roadshow for its initial public offering of common shares of beneficial interest.
Robinhood Markets Inc (NASDAQ:HOOD) reported second quarter 2026 results that exceeded Wall Street expectations, with record revenue and stronger-than-expected earnings. However, shares the trading platform slipped about 3% post-earnings as investors focused on the impact of the one-time accounting benefit and a decline in cryptocurrency revenue.
Robinhood is moving beyond its original role as a retail broker. And that's despite the fact that the second-quarter 2026 results shared company's Tuesday (July 28) earnings call looked like a victory for its trading business.
Traders using Robinhood Markets overcame anxiety around cryptocurrency and technology stocks in the latest quarter, betting big on events like the World Cup and driving the brokerage platform's revenue to record levels.
Robinhood Markets posted a rise in second-quarter profit on Wednesday, as volatility in the markets spurred higher trading activity on its platform.