In a recent interview, CEO Vlad Tenev revealed that Robinhood has considered the possibility of holding Bitcoin in the near future, especially as cryptocurrency increasingly becomes an indispensable part of the company's business strategy.
Recently, the platform has re-listed 3 cryptocurrencies: Solana (SOL), XRP (XRP), and Cardano (ADA) for users in the United States after more than a year of delisting due to SEC securities allegations. Additionally, the platform has also added Pepe (PEPE) to the listing, contributing to this memecoin quickly reaching a new ATH.
Moreover, Robinhood is also preparing to complete the acquisition of the cryptocurrency exchange Bitstamp for up to 200 million USD, marking a turning point in its market expansion strategy. Through this deal, Robinhood plans to leverage Bitstamp's license to implement Bitcoin (BTC) and Ethereum (ETH) futures trading on CME in the United States, while also expanding its trading token portfolio in the European market.
If it decides to hold Bitcoin, Robinhood will join the ranks of giants like MicroStrategy and Tesla, entering the increasingly popular Bitcoin reserve race. Over the past year, this trend has attracted the participation of many public companies with new names like Semler Scientific and Metaplanet, marking an important shift in how businesses approach digital assets.
