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Robinhood Gains $11.7 Billion Amid Tokenization Expectations, While Crypto Revenue Lags
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Robinhood Gains $11.7 Billion Amid Tokenization Expectations, While Crypto Revenue Lags
MENLO PARK, California, August 21, 2026, 10:20 EDT — Robinhood (HOOD) recorded an increase of $11.7 billion as investors focus on the potential for tokenization, despite a slowdown in crypto revenue. Robinhood rose 13.63% by 10:04 EDT, increasing its market value by about $11.7 billion.The increase was 1.9 times higher than Bitcoin’s, surpassing Coinbase by…
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