Stock Robinhood is panted by 8% because General Manager Tenev remains Bullish on Cripto Trading

Robin stock exchange decreased by February 25, but the Chairman and CEO of Vlad Tenev remains confident.

To an interview At “Bloomberg Cripto” with Sonali Basak and Tim Stanovec, Tenev said, “The job is good good.” He pointed to a strong result of the fourth quarter of 2024. Year, highlighting the record for record $ 1 billion in revenue and $ 50 billion in customer deposits.

When asked about the market correction followed by Bloomberg’s magnificent seven index, Tenev proposed that the DIP was temporary. Last year’s post-earning rally was faded in today’s broadfall market, with bitcoin (Btc) Slipping below $ 87,000.

Robinholhooth actions fell by 8%, close to $ 45.92, but still 16% since the beginning of the year. The power of inventories monitored the wider market decline, but Tenev did not attribute him to any specific cause outside normal fluctuations.

Despite the fall, Tenev remains optimistic about the user engagement. “Our customers … have a long-term perspective about these things,” he said, noting that many markets see as opportunities to buy technological stocks and crossings like bitcoin at lower prices.

Trading remains active

Tenev also noticed to use that the advantages of instability Slave. Active traders still use tools such as a new platform for the Robust Legend, which generated 50 million dollars of annual income from her launch. As major technological actions enter the territory of the correction, this trading activity could support the constant growth of income for the platform.