Asana (ASAN) shares sink on Wednesday, closing the day over 16% lower on macroeconomic headwinds expected to stall growth. Robinhood (HOOD) shares rise following positive commentary from analysts following a dinner event with Robinhood management and CEO Vlad Tenev. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Robinhood Markets on Thursday launched crypto trading for customers in the European Union, expanding into a market with greater regulatory clarity at a time when crypto firms are facing intense scrutiny in the United States. The company will allow EU customers to trade in more than 25 cryptocurrencies, including bitcoin and ethereum , free of commissions. "The EU has developed one of the world's most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto's international expansion plans," the company said in a blog post.
The online brokerage had delisted Solana, Polygon, and Cardano in the U.S. in June after the SEC named them in its lawsuits against Binance and then Coinbase.