Morning Minute: Robinhood Debuts 'Robinhood Chain'
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60-second summary
Robinhood is launching its own blockchain, 'Robinhood Chain', sparking a positive market reaction with HOOD shares surging 8% and its crypto perpetual derivatives exchange partner experiencing an even greater increase in value. This development cements Robinhood's position as a major player in the fintech and cryptocurrency sectors, further fueling investor interest in the company.
The market liked it with HOOD shares jumping 8% and their crypto perp dex partner up even more. Plus crypto's latest unicorn is crowned.