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AI and crypto will 'shift' financial industry: Robinhood CEO

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Robinhood Notizia

Vladimir Tenev,Artificial Intelligence,Technological Shifts

Robinhood (HOOD) completed two major acquisitions in June: crypto exchange Bitstamp and AI-powered investment platform Pluto. Robinhood CEO Vladimir Tenev...

and AI-powered investment platform Pluto. Robinhood CEO Vladimir Tenev joins Wealth! to discuss those moves and how the trading platform is leveraging both cryptocurrency and artificial intelligence:

Um Most of our competitors, I mean, pretty much all the big ones are brick and mortar, you know, they have stores, they rely on people rather than technology to expand. And we're thinking about that every day and positioning Robin Hood to be successful and a leader across both of these shifts. And I think uh it's incumbent on a technology company that started with that DNA of being technology first to make sure that the financial industry can navigate that transition successfully and safely.It's hard to, to pick between one of those two technological shifts.Certainly we'll accept that.

NEW YORK, August 08, 2024--KBRA assigns a long-term rating of BBB+ to the Casino Reinvestment Development Authority Luxury Tax Revenue Bonds, Series 2024A and Luxury Tax Revenue Bonds, Series 2024B. KBRA additionally affirms the long-term rating of BBB+ for the Authority's outstanding Luxury Tax Revenue Bonds. The rating Outlook is Stable.

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