robinhood

According to BBX data, yesterday the earnings season for cryptocurrency-related stocks and the expansion of stablecoin infrastructure advanced simultaneously, with the following key developments:Robinhood Markets, Inc. (NASDAQ: $HOOD) released its Q1 2026 earnings report and submitted SEC Form 8-K after the market closed on April 28: total revenue of $1.07 billion (up 15% year-over-year), below the analyst consensus expectation of $1.14 billion; adjusted EPS of $0.38, slightly lower than the consensus of $0.39; cryptocurrency trading revenue plummeted 47% year-over-year to $134 million (compared to $252 million in the same period last year), with cryptocurrency trading volume also declining 48% to $24 billion, marking the third consecutive quarter of declining cryptocurrency revenue. Meanwhile, revenue from event contracts (prediction markets) surged 320% year-over-year to $147 million, surpassing cryptocurrency revenue for the first time to become the largest source of trading revenue, with a record contract volume of 8.8 billion for the quarter; affected by the earnings report, $HOOD fell about 13.24% to $71.20 yesterday.Visa Inc. (NYSE: $V) announced on April 29 through an official BusinessWire press release that five new blockchains—Arc, Base, Canton, Polygon, and Tempo—have been added to its global stablecoin settlement pilot, expanding the total supported network to nine (previously Ethereum, Solana, Avalanche, Stellar); the annualized scale of stablecoin settlements reached $7 billion, a 50% increase from the previous quarter. The pilot allows issuing banks and acquiring banks to settle using stablecoins instead of traditional banking rails, currently covering over 50 countries and more than 130 stablecoin-related card projects, and has expanded to USDC settlements with U.S. banks.Senator Cynthia Lummis publicly confirmed on April 29 that the markup for the CLARITY Act in the Senate Banking Committee is scheduled for May 2026; at the same time, the SEC announced it will hold a roundtable discussion on May 3 regarding issues related to the CLARITY Act, further clarifying the signals of coordination between regulatory and legislative bodies to accelerate the process, providing an official timeline endorsement for the previously anticipated "end of May" market expectations.

According to the Ark Invest Tracker, Cathie Wood's Ark Invest increased its holdings of Robinhood shares by 553,892 shares (approximately $39.43 million) yesterday. Among them:ARKK increased by 469,858 shares; ARKW increased by 55,939 shares; ARKF increased by 28,095 shares.

According to Theblock, despite Robinhood's first-quarter performance falling short of expectations, Bernstein analyst Gautam Chhugani's team maintains an outperform rating on HOOD with a target price of $130.Analysts pointed out that the weak performance in the first quarter has already been reflected in the stock price. They highlighted that several core metrics of Robinhood remain strong: the margin loan balance reached a record $17 billion (up 93% year-over-year), event contract trading was active in April, predicting the market size is moving towards $3 billion, and Robinhood Gold subscription users increased by 36% year-over-year to 4.34 million.However, the current market shows that Robinhood (HOOD) is down over 10% in pre-market trading.

Robinhood's cryptocurrency business performance significantly declined in the first quarter of 2026. The company reported cryptocurrency revenue of $134 million, a 47% decrease compared to the same period last year; the nominal volume of cryptocurrency trades on the native app was $24 billion, down 48% year-over-year. This decline continues the trend observed since the end of 2025, when Q4 cryptocurrency trading revenue had already dropped by 38%. Robinhood stated in its quarterly report that the acquired Bitstamp trading platform contributed $42 billion in trading volume but did not provide year-over-year data.Despite the weakness in the cryptocurrency business, Robinhood's overall trading revenue still grew by 7% year-over-year to $623 million, mainly due to a 320% surge in prediction market revenue. Options revenue increased by 8% to $260 million, while stock revenue surged by 46% to $82 million. The company's net profit reached $346 million, a 3% increase year-over-year.

According to Cointelegraph, Robinhood users have recently encountered a phishing attack. The attackers exploited the Gmail feature that ignores the "." in email usernames, along with a vulnerability in the Robinhood account creation process, to register accounts that are very similar to the target email addresses. This allowed them to send fake reminder emails with phishing links to the victims' inboxes from the Robinhood official mail server.Cybersecurity researcher Alex Eckelberry stated that the email could pass SPF, DKIM, and DMARC verification, appearing to come from an official address. Robinhood stated that this incident did not involve a system or customer account breach, and that user funds and personal information were not affected, but advised users to delete the related emails and not to click on suspicious links.

According to the Robinhood blog, the Monetary Authority of Singapore (MAS) has granted Robinhood Singapore Pte. Ltd. a principle approval (IPA) to provide securities brokerage services, paving the way for its launch of comprehensive brokerage services in Singapore, including securities, exchange-traded derivatives, custody, financing, and collective investment products.Singapore will serve as Robinhood's Asia-Pacific headquarters, complementing the MAS Major Payment Institution (MPI) license already held by its subsidiary Bitstamp Asia Pte. Ltd., strengthening its presence in the Asia-Pacific region. MAS emphasized that the IPA is not equivalent to a formal license, and Robinhood must still meet specific conditions, with the regulatory authority retaining the power to revoke the IPA.

According to The New York Times, Robinhood Ventures invested $75 million in OpenAI.

According to BBX data, yesterday Cantor Fitzgerald raised the target prices for multiple cryptocurrency concept stocks on the same day, but stock prices remained generally under pressure. The core dynamics are as follows:Cantor Fitzgerald analyst Ramsey El-Assal released a research report on April 21, maintaining an "Overweight" rating for Strategy, Inc. (NASDAQ: $MSTR), Robinhood Markets, Inc. (NASDAQ: $HOOD), and Block, Inc. (NYSE: $XYZ), and raised the target prices to $212 (from $192), $110 (from $95), and $88 (from $78), respectively. El-Assal stated that the market is viewing the Q1 earnings report as "rearview mirror data" and is shifting attention to forward-looking growth drivers such as market predictions and tokenization. Despite the collective increase in target prices, the three stocks closed down approximately 2.78%, 4%, and 2% yesterday, reflecting the dual impact of macro sentiment suppression and geopolitical uncertainty.Circle Internet Group, Inc. (NYSE: $CRCL) closed yesterday (April 21) at about $97, with a decline of approximately 4.6% on the day, corresponding to a market capitalization of about $24 billion; the stock's 52-week low was $49.90 (on February 5), and it has rebounded approximately 95% from that low; Q1 2026 earnings report is expected to be released on May 11, with consensus revenue expectations for Q2 at about $718 million.

As Robinhood accelerates its layout in the prediction market, it has proactively excluded certain contract products due to concerns that they may foster market manipulation and insider trading risks. Robinhood UK President Jordan Sinclair stated that the company is highly attentive to market abuse issues and will not offer all prediction markets or event contracts to users, but will selectively launch products that are more suitable for customers.Recently, several "precise betting" incidents have raised regulatory concerns. For example, there were unusually large bets placed on Polymarket before U.S. actions against Iran; Israeli regulators have also sued two individuals who used confidential information to place bets. Additionally, "mention markets" (such as words that will appear in a speech being bet on) have been explicitly excluded from Robinhood's product range due to their susceptibility to manipulation.Currently, Robinhood primarily provides compliant prediction market services through partnerships with Kalshi and ForecastEx, prioritizing regulated platforms to reduce information abuse and cross-border compliance risks. In contrast, the less regulated Polymarket allows users to trade through cryptocurrency wallets with relatively loose identity verification.Robinhood previously anticipated that prediction markets would become an important growth engine, with CEO Vlad Tenev stating that this business could become one of the fastest-growing segments by 2025, potentially driving the formation of a trillion-dollar annual trading scale in the future.

According to market news, Cathie Wood's Ark Invest purchased approximately $13 million worth of Robinhood ($HOOD) stock, continuing its "buy the dip" strategy.

Robinhood announced that its cryptocurrency platform has launched trading for Solana ecosystem tokens ORCA and RAY, and users in New York State can also participate.

According to the Wall Street Journal, the U.S. Treasury has chosen Bank of New York Mellon (BK.N) and Robinhood (HOOD.O) to participate in the Trump Account program. Bank of New York Mellon (BK.N) will act as the financial agent managing the initial accounts, and the two parties will also collaborate to develop a white-label application.It is reported that the Trump Account, also known as the 530A Account, is a tax-deferred investment account plan proposed by U.S. President Trump on June 9, 2025, aimed at establishing government-funded savings accounts for U.S. citizens' children born between January 1, 2025, and January 1, 2029. Each account will have an initial amount of $1,000, invested in index funds that track the U.S. stock market.

According to Fortune, the private market fund Robinhood Ventures I launched by Robinhood has rebounded about 30% after an initial poor performance. The product was launched in early March and fell 16% on its first day, but has gradually recovered, attempting to provide retail investors with a channel to participate in equity of late-stage private companies.However, analysts warn that with the potential IPOs of tech giants like SpaceX, OpenAI, and Anthropic approaching, the private market may face short-term volatility pressure. If leading companies perform poorly in their IPOs, it could drag down secondary market valuations and affect IPO expectations for unicorns, including Stripe.The head of Robinhood Ventures responded that the aforementioned concerns are more about short-term fluctuations, and there are still numerous investment opportunities in the long term. As AI technology continues to advance, the application ecosystem built around leading models will unleash tremendous growth potential. Currently, the fund primarily invests in a few late-stage companies, including fintech companies Airwallex and Stripe, as well as AI firms like Databricks, acquiring equity through primary market or licensed secondary market transactions.

The Web3 asset data platform RootData has outlined Robinhood's Web3 partners, whose crypto supply chain covers key aspects such as data services, risk control compliance, and trading liquidity. Compliance capabilities are shifting from a "cost item" to a "competitive barrier." Structurally, Robinhood's crypto layout emphasizes **compliance first and robust expansion**: on one hand, it holds multiple financial and crypto-related licenses in the U.S. and several other regions, giving it a first-mover advantage in advancing its business within the regulatory framework; on the other hand, its partner selection clearly favors **suppliers with strong compliance capabilities and mature institutional-level services**. In the risk control and compliance aspects, Robinhood has introduced service providers like TRM Labs and Sardine to enhance on-chain transaction monitoring and anti-fraud capabilities; at the infrastructure level, it ensures system stability and data reliability through established networks and service providers such as Arbitrum, Polygon, Alchemy, and Chainlink; in terms of trading and liquidity, it supports platforms like Bitstamp and WonderFi that have compliance operating experience. Related compilation: 【[Robinhood Crypto Partner Network Compilation (Continuously Updated)](https://cn.rootdata.com/Archives/detail/Robinhood%20Crypto%20Business%20Partner?k=NDY0MjQ4)】 Crypto projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 project parties to [claim data](https://www.rootdata.com/Projects/submit?ft=claimApply) and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of the crypto project ecosystem map, nominating Web3 ecosystem partners for upstream clients such as Visa, Stripe, and Coinbase. **If you wish to nominate your project in future ecosystem maps, please fill out the 【[RootData 2026 Industry Ecosystem Mapping](https://forms.gle/tWArmXcpSfZJkh1r8)】 form to supplement your important clients and partners.**

According to Arkham data, at 01:45, 27,276.09 AAVE (worth approximately 2.88 million USD) was transferred from Robinhood to an anonymous address (starting with 0xE0f3...).

According to Arkham data, at 01:07, 298,112.16 LINK (worth approximately $2.6562 million) was transferred from Robinhood to an anonymous address (starting with 0xE0f3...).