{"id":446168,"date":"2022-05-13T00:38:01","date_gmt":"2022-05-12T21:38:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ceo-of-ftx-crypto-exchange-buys-big-stake-in-robinhood\/"},"modified":"2022-05-13T00:38:01","modified_gmt":"2022-05-12T21:38:01","slug":"ceo-of-ftx-crypto-exchange-buys-big-stake-in-robinhood","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ceo-of-ftx-crypto-exchange-buys-big-stake-in-robinhood\/","title":{"rendered":"#CEO of FTX crypto exchange buys big stake in Robinhood"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4e6e0c249af\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4e6e0c249af\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ceo-of-ftx-crypto-exchange-buys-big-stake-in-robinhood\/#%E2%80%9CCEO_of_FTX_crypto_exchange_buys_big_stake_in_Robinhood%E2%80%9D\" >&#8220;CEO of FTX crypto exchange buys big stake in Robinhood&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CCEO_of_FTX_crypto_exchange_buys_big_stake_in_Robinhood%E2%80%9D\"><\/span>&#8220;CEO of FTX crypto exchange buys big stake in Robinhood&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/ceo-of-ftx-crypto-exch.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2022\/ceo-of-ftx-crypto-exch.jpg\" data-sub-html=\"This Dec. 17, 2020, photo shows the logo for the Robinhood app on a smartphone in New York. The CEO of cryptocurrency exchange FTX has bought a significant, 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday, May 12, 2022. Credit: AP Photo\/Patrick Sison, File\">\n<figure class=\"article-img\">\n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/ceo-of-ftx-crypto-exch.jpg\" alt=\"CEO of FTX crypto exchange buys big stake in Robinhood\" title=\"This Dec. 17, 2020, photo shows the logo for the Robinhood app on a smartphone in New York. The CEO of cryptocurrency exchange FTX has bought a significant, 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday, May 12, 2022. Credit: AP Photo\/Patrick Sison, File\" width=\"800\" height=\"530\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                This Dec. 17, 2020, photo shows the logo for the Robinhood <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> on a smartphone in New York. The CEO of cryptocurrency exchange FTX has bought a significant, 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday, May 12, 2022. Credit: AP Photo\/Patrick Sison, File<br \/>\n            <\/figcaption><\/figure>\n<\/p><\/div>\n<\/div>\n<p>The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday.<\/p>\n<p>                                                                                Samuel Bankman-Fried said in the filing that he bought the shares thinking they were an attractive investment and that he doesn&#8217;t currently have any plans to change or influence the control of Robinhood.<\/p>\n<p>Robinhood shot to fame for its easy-to-use trading app, which brought a new generation of investors to the stock market, perhaps most famously with the meme-stock frenzy that sent <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a>Stop soaring early last year. But crypto has become a major part of its business.<\/p>\n<p>About a quarter of the revenue Robinhood made during the first three months of the year from trading by customers came from cryptocurrencies. Robinhood has been bolstering its crypto business, rolling out crypto wallets for its customers and adding new coins to trade on its platform.<\/p>\n<p>Bankman-Fried built his stake in Robinhood through a company called Emergent Fidelity Technologies, buying shares steadily from March 14 through Wednesday. The stock&#8217;s price fell over that time, as it has <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly since briefly touching $85 shortly after its debut on the Nasdaq in the summer of 2021.<\/p>\n<p>Robinhood&#8217;s stock has plummeted as its growth has slowed sharply. It reported a larger loss for the first quarter of this year than analysts expected. The company said volatility in stock and crypto markets kept casual investors away, or at least made them more cautious and less likely to do large trades.<\/p>\n<p>Robinhood&#8217;s stock jumped nearly 27% in after-hours trading Thursday following the disclosure. It rose 5% earlier during the regular trading session to close at $8.56.\n                                                                                                                        <\/p>\n<hr\/>\n<div class=\"article-main__explore my-4 d-print-none\">\n<p>                                            Robinhood&#8217;s crypto trading surges, as overall growth slows\n                                        <\/p><\/div>\n<hr class=\"mb-4\"\/>\n<p class=\"article-main__note mt-4\">\n                                                \u00a9 2022 The Associated Press. All rights reserved. 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The CEO of cryptocurrency exchange FTX has bought a significant, 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday, May 12, 2022&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":446169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2022\/ceo-of-ftx-crypto-exch.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-446168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/446168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=446168"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/446168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/446169"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=446168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=446168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=446168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}