Robinhood Markets is expanding its international footprint by launching zero-fee cryptocurrency trading for eligible UK customers, offering access to over 50 digital assets through its Bitstamp subsidiary.
Key Points
- Robinhood is introducing zero-fee trading, custody, and account maintenance for UK users to compete with established domestic brokerages.
- The platform provides AI-powered market analysis through its new Robinhood Cortex Digests feature.
- Total platform assets reached $369 billion in the second quarter, supported by a 39% increase in Gold subscribers.
- The company lowered its 2026 operating expense guidance to a range between $2.675 billion and $2.775 billion.
- Wall Street analysts maintain a "Moderate Buy" consensus rating on the stock with a mean price target of $121.