Robinhood posted Q4 revenue of $1.28 billion, up 27% year‑over‑year but shy of Wall Street’s $1.34 billion forecast. Net income fell 34% to $605 million, largely due to a tax provision versus last year’s tax credit. Mixed Results in Q4 Despite Robust Revenue Growth Robinhood Markets Inc. reported a 27% increase in fourth-quarter revenue, reaching […]
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Key TakeawaysSoFi launched SOFIE, a tokenized consumer bank deposit offering 4.40% APY.SoFi Earn carries FDIC insurance within applicable limits and converts 1:1 into SoFiUSD.The firm cited research estimating...
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