Robinhood

Uniswap v4

Ondo

<h3 id="summary">Summary</h3>
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    <li>Ondo Finance launched tokenized Robinhood shares through Robinhood Chain as HOOD stock dropped 7% following disappointing third-quarter earnings results.</li>
    <li>Robinhood’s cryptocurrency revenue plunged 55% to $120 million, while prediction markets generated $173 million, surpassing crypto revenue for another quarter.</li>
    <li>Robinhood Chain recorded $80 billion in decentralized exchange volume, while the brokerage lowered its annual expense forecast despite earnings weakness.</li>
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 <p>Ondo Finance launched tokenized Robinhood shares on Robinhood Chain as HOOD stock declined 7% following disappointing third-quarter earnings. The launch coincided with weaker cryptocurrency revenue and declining profits, despite Robinhood reporting record quarterly sales of $1.42 billion.</p><br>
 <p><a href="https://www.sec.gov/Archives/edgar/data/1783879/000178387926000164/q32026robinhoodexhibit991.htm" rel="noopener noreferrer nofollow">According to Robinhood’s earnings report</a>, revenue missed Wall Street’s $1.44 billion estimate, while diluted earnings declined 16% to $0.51. Meanwhile, Robinhood shares closed at $94.56 before falling to approximately $88.20 during after-hours trading.</p><br>
 <p><strong>Also Read:<a href="https://36crypto.com/big-news-ripple-and-c2fo-partner-to-bring-instant-supplier-payments-to-xrpl/" rel="noopener noreferrer nofollow">&nbsp;</a></strong><a href="https://36crypto.com/big-news-ripple-and-c2fo-partner-to-bring-instant-supplier-payments-to-xrpl/" rel="noopener noreferrer nofollow">Big News: Ripple and C2FO Partner to Bring Instant Supplier Payments to XRPL</a></p><br>
 <h2 id="ondo-expands-tokenized-stocks-on-robinhood-chain">Ondo Expands Tokenized Stocks on Robinhood Chain</h2>
 <p>Ondo Finance introduced HOODon alongside 14 additional tokenized stocks and exchange-traded funds through Robinhood’s Ethereum layer 2 network. According to Ondo’s announcement, the expansion includes tokenized versions of Nvidia, Apple, Tesla, and other publicly traded securities.</p><br>
 <p>HOODon provides eligible investors with blockchain-based exposure to Robinhood shares through Ondo’s tokenized asset infrastructure. Additionally, eleven newly introduced assets have corresponding <a href="https://36crypto.com/robinhood-ceo-says-new-blockchain-built-for-rwas-also-supports-meme-tokens/" rel="noopener noreferrer nofollow">Robinhood</a> Stock Tokens supported by Uniswap v4 StablePair liquidity pools.</p><br>
 <p>These pools enable traders to exchange tokenized products representing the same underlying securities across participating platforms. Robinhood Chain also recorded over $80 billion in decentralized exchange volume and $50 million in fees during its inaugural quarter.</p><br>
 <h2 id="robinhood-crypto-revenue-falls-55-despite-record-quarterly-sales">Robinhood Crypto Revenue Falls 55% Despite Record Quarterly Sales</h2>
 <p>Robinhood’s cryptocurrency transaction revenue declined 55% annually to $120 million, reflecting reduced trading activity across its cryptocurrency operations. Total cryptocurrency trading volume dropped 38% to $50 billion, including $21 billion through Robinhood App and $29 billion through Bitstamp.</p><br>
 <p>Meanwhile, prediction markets generated $173 million in revenue, surpassing cryptocurrency transaction revenue for the second consecutive quarter.</p><br>
 <p>Options revenue increased 31% to $399 million, while equities revenue climbed 41% to $121 million. Consequently, total transaction-based revenue reached $867 million, up 19% year over year despite weaker cryptocurrency trading.</p><br>
 <h2 id="robinhood-revises-expense-outlook-following-earnings-results">Robinhood Revises Expense Outlook Following Earnings Results</h2>
 <p>Robinhood lowered its annual <a href="https://36crypto.com/robinhood-chain-dex-volume-hits-record-3-7-billion-beating-ethereum/" rel="noopener noreferrer nofollow">adjusted expense forecast,</a> establishing a revised spending range between $2.675 billion and $2.75 billion. Chief Financial Officer Shiv Verma reported quarterly net deposits of approximately $15.7 billion, while October deposits exceeded $13 billion.</p><br>
 <p>Additionally, the brokerage reported 5.2 million Gold subscribers and $396 billion in total platform assets. Quarterly results included $67 million in unrealized losses, primarily from valuation adjustments to Robinhood Ventures Fund I.</p><br>
 <p>Robinhood’s expanding tokenization business now operates alongside declining cryptocurrency revenue, weaker quarterly earnings, and growing prediction market activity.</p><br>
 <p><strong>Also Read:<a href="https://36crypto.com/bitcoin-exchange-outflows-hit-1-billion-as-12570-btc-leave-trading-platforms/" rel="noopener noreferrer nofollow"> Bitcoin Exchange Outflows Hit $1 Billion as 12,570 BTC Leave Trading Platforms</a></strong></p><br>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://36crypto.com/ondo-launches-tokenized-robinhood-stock-as-hood-slides-7-after-earnings-miss/">Ondo Launches Tokenized Robinhood Stock as HOOD Slides 7% After Earnings Miss</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://36crypto.com">36Crypto</a>.</p>

Ondo Launches Tokenized Robinhood Stock as HOOD Slides 7% After Earnings Miss

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