By PYMNTS | July 13, 2026 Robinhood Markets is reportedly preparing to enter the asset-backed securities (ABS) market, a move that signals a significant maturation of the fintech firm’s credit operations. According to sources familiar with the matter, the company is weighing the sale of between $400 million and $500 million in bonds backed by…
On July 1, 2026, the financial landscape underwent a significant transformation as Robinhood, the brokerage giant that democratized stock trading for the retail masses, officially launched the mainnet for Robinhood Chain. This custom-built blockchain network represents a bold strategic pivot, merging the stability and regulatory familiarity of traditional finance (TradFi) with the high-speed, programmable efficiency…
In a move that signals a seismic shift in the brokerage industry, Robinhood, the retail trading giant that democratized stock market access, has officially launched the public mainnet for its highly anticipated Ethereum layer-2 network: Robinhood Chain. This strategic pivot represents more than just a technological upgrade; it is an aggressive push to merge the…
By PYMNTS | July 1, 2026 In a move that marks a definitive shift in the landscape of digital finance, Robinhood Markets has officially launched the public mainnet of "Robinhood Chain." This Layer 2 blockchain represents the company’s most ambitious infrastructure play to date, signaling a transition from a retail trading application to a comprehensive,…
In a move that underscores the shifting priorities of the modern fintech landscape, Robinhood Markets Inc. has announced a significant reduction in its workforce. Despite reporting record-level trading volumes and a strengthening bottom line, the Menlo Park-based brokerage is cutting approximately 10% of its staff—roughly 295 employees. This decision, revealed through a recent filing with…
