Golden Finance reported that people familiar with the matter previously disclosed that Robinhood Markets is considering launching cryptocurrency futures in the United States and Europe. It is reported that Robinhood Markets may also use the Bitstamp license to provide perpetual futures for Bitcoin and other tokens in Europe. However, a spokesperson for Robinhood told Bloomberg that there are currently no plans to launch crypto derivatives. Robinhood's cryptocurrency business unit received a Wells notice from the U.S. Securities and Exchange Commission in early May, but Robinhood is still committed to expanding its cryptocurrency business. The company's cryptocurrency trading volume increased by 224% in the first quarter of 2024.