Increase

Robinhood expects revenue increase despite drop in PFOF in Q2

Robinhood expects revenue increase despite drop in PFOF in Q2

It looks like payment for order flow is becoming less important to the now-public stock and crypto brokerage Robinhood, according to data compiled by The Block.  During the second quarter of the year, Robinhood reported in a 606 filing with the Securities and Exchange Commission that it brought in $217 million from payment for order …

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First Mover: Kyber Token's Eightfold Increase Reveals Bet on Future Market-Share Growth

First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth

In cryptocurrency markets, newfangled “decentralized exchanges” like Kyber are piddling compared with more-established and centralized venues like Binance. But in the eyes of traders, it’s the upstarts who are winning lately – at least based on the year-to-date performance of digital tokens affiliated with the various exchanges. Take Kyber Network Crystal (KNC), which is used …

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Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019

Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019

Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. On March 31, BC Group revealed that its OSL digital assets platform had been its largest 2019 earner, accounting for 44% of the Group’s revenues — up from just 6% in 2018. …

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