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Jayendra Jog: Robinhood rapidly gains market share from Coinbase as user profits remain steady

Jayendra Jog: Robinhood rapidly gains market share from Coinbase as user profits remain steady
Robinhood takes market share from Coinbase

Jayendra Jog, co-founder and CEO at Sei Labs, points out the rapid shift in market share from Coinbase to Robinhood in the crypto sector.

He highlights that total user profit has stayed the same, indicating that the move is primarily due to users rotating from the base chain to the Robinhood chain, rather than onboarding net new users.

Jog previously announced Sei’s v6.6 upgrade as the network’s most significant update since adding EVM support in May 2024, as detailed in this report. In a separate development, he discussed how Kalshi’s rebranding as a hedging tool for small businesses could help address regulatory challenges. These recent activities highlight Jog’s continued involvement in major blockchain initiatives.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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