Robinhood's CEO, Vlad Tenev, expressed confidence in the company's performance despite its stock declining. He highlighted strong fourth-quarter results, with $1 billion in revenue and $50 billion in customer deposits for the year. Tenev believes the market correction is temporary and not attributed to any specific cause. He remains optimistic about user engagement, as customers view market declines as opportunities to buy stocks and cryptocurrencies at lower prices. Tenev also mentioned that volatility benefits Robinhood, as active traders continue to use the platform's tools, potentially supporting steady revenue growth.
Content Editor ( crypto.news )
- 2025-02-26
Robinhood stock dips 8% as CEO Tenev remains bullish on crypto trading
