Why Tech Darlings Robinhood and Square Don’t Care About Cryptocurrency Profits


Robinhood, a major stock trading app based in the US, whose valuation surged from $1.5 billion to $6 billion after integrating cryptocurrency, said that the company does not expect to generate large profits in the near future, and the company is fine with it. Vlad Tenev, the co-CEO of Robinhood, said that more than 200,000

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Posted by Joseph Young on June 24, 2018 @ https://www.ccn.com/why-tech-darlings-robinhood-and-square-dont-care-about-cryptocurrency-profits/

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