Robinhood CEO Vlad Tenev Confirms Continued Investment In Crypto Despite Q2 Revenue Drop For The Segment

Despite a drop in crypto revenue during the second quarter, Robinhood (NASDAQ:HOOD) co-founder and CEO, Vlad Tenev, expressed confidence in the company’s ongoing investment in the cryptocurrency market at the company’s second-quarter conference call. What Happened: Tenev cited the recent launches of Robinhood Wallet and Robinhood Connect as successful endeavors that resonated with customers. He said, “Our goal is to be the safest, most trusted place for customers to hold, trade, and transact with their crypto. We see our recent launches of Robinhood Wallet and Robinhood Connect resonating with…

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