Robinhood Teams Up with Crypto.com for Cryptocurrency Trading

Robinhood has secured a deal with Crypto.com to offer its users the option to invest in cryptocurrencies through the platform's app. This move marks another step in Robinhood's expansion into the cryptocurrency market, following its previous announcements of adding support for Bitcoin and Ethereum.

The partnership will also see Crypto.com's users gain access to Robinhood's trading and investment tools. Goldman Sachs has reportedly increased its target price for Robinhood, citing the company's strong growth prospects.