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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Monday, August 30, 2021

Robinhood Markets' Future


Robinhood Markets is the largest cryptocurrency broker.

Robinhood has stated at its last quarterly earnings report that around 60% of its brokerage revenue comes from Bitcoin and other cryptocurrencies trading.

Apparently, Robinhood's future fortunes are closely tied to the future of Bitcoin and other cryptocurrencies. I personally think Bitcoin's adoption will continue growing and Robinhood Markets will benefit handsomely from that. I will not be surprised if Robinhood's market capitalization surpassed that of Morgan Stanley or Goldman Sachs'.

Basically, if Bitcoin is fully accepted as a currency, the cryptocurrency's market capitalization could reach 80 trillion USD or more than world's GDP. Robinhood is extremely well poised to earn a windfall from that likely event.

What is more, Robinhood Markets' current inroad into cryptocurrency and younger investing demographic could help the company win more stocks brokerage business which would also increase Robinhood's future market capitalization.



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