Robinhood Markets Plans Asia Expansion in 2025 With Singapore Headquarters; Shares Rise

Robinhood Markets (HOOD) plans to enter the Asian market in 2025, establishing its regional headquarters in Singapore, Bloomberg reported Wednesday, citing Chief Executive Officer Vlad Tenev.

Tenev shared the update at the company's investor day and said the company plans to broaden its product offerings, including event-based contracts, according to the report.

Robinhood did not immediately respond to MT Newswires' request for comment.

Seems like this is an overlooked stock