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Will Robinhood soon be “crypto-first”?

 


The US broker Robinhood is striving for a global standing in the financial world. According to Chief Brokerage Officer (CBO) Steve Quirk, the easiest way to do this would be to take a “crypto-first” approach.



The CBO of the US company Steve Quirk wants to change that and strengthen the brand abroad. The easiest way to do that would be to take a “crypto-first” approach, he said in an interview with CNBC.

Specifically, he said: "From a regulatory point of view and all the other aspects that come with that, it's probably the easiest way to raise awareness globally."

At the same time, Quirk also allowed himself a pointed comment in the direction of meme stocks. This is “a fad”.

Robinhood had to take criticism last year in the GameStop case when the broker deactivated payouts during the pump.

In addition, the company has been testing the integration of various wallets for Bitcoin, Ethereum and Dogecoin, among others, since January.

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