Robinhood CEO Vlad Tenev published Robinhoodn's year-end review on X:
"First and foremost, we focused on building products for active traders. At the HOOD Summit, Robinhood's first event designed specifically for active traders, we launched the desktop trading platform - Robinhood Legend. Since then, we have added 28 more indicators and started to roll out support for cryptocurrencies.
We also announced that Robinhood will soon launch futures. Around the same time, the team and I found that people urgently needed another way to participate in the 2024 election. So we launched Robinhood's presidential election market in time for customers to participate. Stay tuned for futures and more active contracts coming in the new year.
This year we also reduced margin rates and started to launch index options and tax forms. Details are important to us, so I also want to mention a few of my favorite new features: stop market orders, slide trading, simulated returns, trading trends, pinch to zoom, and picture-in-picture charts.
It's been a great year in the cryptocurrency space. In the United States, we added support for SOL, XRP, PEPE, ADA, WIF, and BONK, bringing the total number of assets currently supported to 20. We also expanded cryptocurrency support to all 50 states and U.S. territories, and our brokerage team launched BTC ETF options.
In the EU, we support a total of 40 crypto assets, translated the app into three languages, and offer services such as SOL and ETH staking to eligible European customers, with 100% matching staking rewards. In addition, for a limited time, on-chain transfers matching deposits are also available.
Robinhood Wallet launches on Android and enables cross-chain exchange. We are working hard to become the world's top financial ecosystem and have been busy building cryptocurrency support in the EU. Separately, we have expanded our brokerage business in the UK. We launched the service to all customers in March of this year and provide margin investing and securities lending services to UK customers.
At Robinhood's first investor day earlier this month, we announced plans to launch brokerage services in the Asia-Pacific region, starting with Singapore.
There will be more plans in the future, see you in 2025. ”