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Robinhood Plans to Diversify as Crypto Volumes "Go Up and Down"
The crypto windfall for Robinhood appears to be fading. Revenue from the asset class for the first quarter of 2025 came in at $252 million, about 30 per cent below the figure from the previous quar ...
financemagnates.com — 13 days ago
Tradition Q1 Revenue Rises 12% on Gaitame.com and Interdealer Broking Business Strength
Compagnie Financière Tradition ( CFT ), an inter-dealer broker and operator of a Japanese retail forex trading platform Gaitame, reported an 11.
financemagnates.com — 13 days ago
Exinity UK (FXTM) Sees 2024 Profit Surge Despite Revenue Decline
The United Kingdom-registered entity of Exinity, which onboards only professional CFDs traders under the FXTM brand, witnessed a decline in 2024 revenue, which fell to £1.
financemagnates.com — 13 days ago
Ripple's $4B-$5B Bid for Stablecoin Issuer Circle Rejected amid IPO Plans: Report
Ripple proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low, according to sources cited by Bloomberg .
financemagnates.com — 13 days ago
Dutch Neobank Bunq Takes on Revolut With Crypto Trading Launch in Six EU Countries
Irish users of Bunq can now trade cryptocurrencies directly from their banking app, as the Dutch neobank launches its digital asset platform in six European countries.
financemagnates.com — 13 days ago
Kraken Launches Crypto-as-a-Service Tool; Adds Forex Perpetual Futures
Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CaaS) product. It is designed for neobanks, fintech companies, and traditional banks.
financemagnates.com — 13 days ago
State Street Appoints John Woods as Chief Financial Officer
State Street Corporation has named longtime finance executive John F. Woods its next Chief Financial Officer. Woods, who will join the firm in late August, brings a 38-year career in financial lead ...
financemagnates.com — 13 days ago
Built for Scale: How Exness Leverages Infrastructure to Power Execution
At Exness, periods of volatility highlight the broker's strengths.
financemagnates.com — 13 days ago
AltimaCRM Empowers Brokerages With Omnichannel Communication
Intivion adds omnichannel module to its Altima Forex CRM to enable brokers to deliver more powerful and engaging customer experiences.
financemagnates.com — 13 days ago
Tradeweb Q1 Average Daily Volume Rises 33% to $2.5 Trillion, Lifting Revenue Nearly 25%
A volatile macroeconomic backdrop and growing interest in electronic trading boosted Tradeweb's first-quarter results, as the firm posted double-digit growth in revenue, volume, and net income.
financemagnates.com — 13 days ago
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