Robinhood Reports Billion-Dollar Inflows in January – But Event Contracts Come Under Pressure

Growing Foundation: With billion-dollar inflows in January, Robinhood demonstrates that its core brokerage business is becoming more robust and locks in capital for the long term. Speculative Future Bets: Ventures into its own blockchain projects and controversial prediction markets harbor enormous potential but make the stock highly volatile. The US broker Robinhood reports multi-billion dollar inflows and aims to be more than just a trading app. However, while the core business is becoming more robust, a new blockchain initiative and...