Robinhood’sHOOD

latest quests are capturing attention and affection from investors worldwide. At its first-ever investor day, CEO Vlad Tenev outlined his vision for the company’s future, which included a surprising return to desktop trading with its platform “Legend,” marking a significant shift from the mobile-first approach that initially disrupted the brokerage industry. The company’s stock has risen over 217% this year, reflecting investor confidence in its expanding portfolio of services and global ambitions.

• Assets under custody have surged to over $190B, marking a 100% year-over-year increase, while equity trading volumes exceeded $145B in November — up 170% from the previous year.
• Robinhood’s recent acquisitions include a $300M deal for TradePMR and a $200M purchase of Bitstamp, signaling aggressive moves into wealth management and the global crypto market.

Vision, mission, success: Robinhood’s expansion into Asia, with Singapore as its regional headquarters, positions the company to compete with established players like Tiger Brokers and Futu HoldingsFUTU

. This move comes as Robinhood explores entering the sports betting market through event contracts, similar to its presidential election offerings. With a Total Addressable Market (TAM) exceeding $600B in revenue and costs that are 90% fixed, Robinhood’s ambitious strategy could reshape the future of retail investing — if it can execute its vision successfully.