Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Digital brokerage robinhood founded micro futures contracts for bitcoins (BTC), Solana (Sol) and XRP (XRP), to give traders the ability to trade derivatives with significantly lower capital requirements.
The new offer was officially introduced in the United States on Friday and has expanded to include the existing Krypto Futures Futures Robinhood for Bitcoins and Ether (Eth).
Micro futures contracts are smaller versions of standard futures contracts that allow traders to speculate on the price movements of assets with a much lower initial investment.
Robinhood, which has more than 25 million funded customer accounts, announced its Entry to Crypto Futures in January. At that time, the company said that introduction would initially be limited to bitcoins and ether.
However, the expansion of Robinhood into a cryptocurrency trading began in 2018. Since then, his trail has spread in the sector.
Related: US FUTURES HIT RECORD HIGH, BITCIN SETTINGS TO A NEW CLOSE: Analysts
Robinhood expands the crypto offer through the main acquisitions
One way Robinhood has strengthened its cryptomatic offers is the strategic acquisition of the main players in space.
In early June, the company announced that it has completed a Acquisition Crypto Exchange Bitstamp $ 200 millionAS thus ensured more than 50 licenses and registrations worldwide.
In May, Robinhood also won Wonderfi – A Canadian company that operates regulated cryptocurrency platforms – for $ 179 million. Wonderf’s own Bitbuy and Coinsquare and together manage billions of dollars in customer assets.
These shops reflect the growing activity of mergers and acquisitions in the crypto sector, emphasized by the blockbuster transactions as Acquisition of Coinbase in the amount of $ 2.9 billion And Ripple is $ 1.25 billion Takeover Prime Broker Hidden Road.
Large merger shops and acquisitions emphasize the growing trend of consolidation in the cryptovi -real industry, while several companies are struggling with demanding macroeconomic conditions and sausages of markets, according to Hantor, lending the head Patrick Heusser.
These factors are partially responsible for a remarkable decline in crypto -risk capital stores, according to which only 62 stores are completed according to May, according to her Eradicate.
Related: Crypto VCs reached 2025 low even over $ 909 million in May
