Robinhood Plans to Be ‘Crypto First’ in Global Expansion Push

Trading app Robinhood wants cryptocurrencies to be a central part of its business strategy, according to one of the company’s top executives.

Popular trading app Robinhood is turning its attention to international expansion, a strategy that will also see the San Francisco-based company shift much of its focus on cryptocurrencies, according to Steve Quirk, the company’s chief brokerage officer.

According to Quirk, the company is “doing a lot of exploration about finding compliant ways to expand [the list of supported crypto assets].”

“We also have aspirations to take this brand global and we would do so crypto first,” he told CNBC on Wednesday.

When asked to explain what he means by “crypto first,” given the presence of Coinbase and other major crypto companies in the space, Quirk said that “the path for [Robinhood] to go global and have the most traction is probably through crypto.” Read More

Source: Decrypt.co

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