Robinhood Still Debating Whether to Hold Crypto
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Robinhood Markets remains undecided on whether to buy and hold crypto on its balance sheet, despite its growing role in the digital asset sector.
“We spent a lot of time thinking about this,” said Shiv Verma, Robinhood’s VP of finance and strategy, during the company’s Q3 earnings call.
Verma noted that holding Bitcoin or other crypto assets could better align Robinhood with the community, but questioned whether it would be the best use of shareholder capital. -
Strange hesitation for a platform that thrives on crypto trading volume. 🧩
