Robinhood has enhanced its Gold membership by introducing services like Robinhood Strategies and Banking, blending traditional finance with DeFi.
Analysts at Bernstein estimate that non-trading activities will represent 47% of Robinhood’s revenue by 2024 and set a price target of $105 for its shares.
The company is pushing for greater integration of crypto services as evidenced by a 700% surge in revenues from crypto trades, contributing to significant profit growth.
Leave a Reply