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Vlad Tenev, co-founder & CEO at Robinhood, announced that Robinhood Banking has exceeded $4 billion in assets.
He described this growth as a reflection of the significant trust customers are placing in the platform with their money.
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Earlier this year, Vlad Tenev said that Robinhood's onchain user reach has expanded to over 120 countries, in what he called a major step for its global crypto presence (full story). Separately, Tenev has commented on the OCC’s modernization work under Comptroller Gould, describing it as important for U.S. financial markets (full story). These developments highlight Tenev's focus on both global expansion and market infrastructure.