Robin Hood's chief financial officer Jason Warnick said Wednesday that the company has no plans to acquire assets for new notes, a move that would be disappointing for owners of Shiba Inu (SHIB) and other tokens that it will get a boost from based on the platform.
Speaking to reporters shortly after Robin Hood posted fourth-quarter earnings, Warnick said it's proceeding with caution in light of conversations with regulators that some of the trackers may see as unlicensed securities.
“We know they want new coins. The message is clear,” Warnick said, adding that Robin Hood is committed to new assets but is unable to say when it will list them.
The anthem anthem playing the ordeal release is now in beta this month, Warnick said, and will be available to everyone.
Warnick also noted that launching crypto products internationally will be a major focus for Robin Hood initially, and that the company will soon launch from a faster startup.
It all comes amid rocky Robin Hood, which posted another quarterly loss on Thursday. The company announced that it lost, forty-nine cents a share, compared to analysts' expectations for a loss of forty-two percent - its revenue grew to $363 million, which is less than the expected figure of $370 million.
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High Low Robin Hood price fell to a lower low in trading after the close. As of late Thursday afternoon, the stock was trading around $10 — its highest level at about eighty-two when the company went public in mid-2021.
She preferred her earnings at her earnings awards ceremony.
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I've become associated with dialogue in recent weeks, which has turned into a taboo. Meanwhile, Warnick also predicted, the company's digital wallets could be a long looking strategic asset.
“It’s a huge opportunity,” he said, “but crypto wallets are an essential experience.”
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