The whole crypto industry is only getting started. Robinhood, which recently got into crypto, is bridging traditional assets to digital assets. Robinhood DEX volume has reached a new ATH, surpassing the initial hype of its launch. $929,757,069 in DEX volume. Real proof that the market is growing and trading activity is back.

Our CEO Vlad Tenev shared the following note with our team at Robinhood today: Robinhoodies, We’ve made the difficult decision to say goodbye to some of our team members today. Those departing are being notified, and we’re offering them full support through this transition, including severance. These are good people who helped build the foundation we stand on today, and I am deeply grateful for their contributions to Robinhood. I want to be transparent about why this is happening now. Robinhood’s business has never been stronger. But to achieve the massive scale of our mission, we cannot default to operating as a heavily-layered organization. We must be a lean, hyper-focused team where every single individual is empowered to make a massive impact. Our execution is strong today, but our ambitions require us to continuously raise our own bar. To achieve that, today we are flattening our org structure and reducing our overall team size by 10% of headcount. Because our financial position is strong, we are making this change proactively. The goal is to maximize our talent density and ensure that our culture is defined by an absolute elite performance bar and a superlative commitment to our customers. This transition creates even more opportunities for our most talented people to grow and take on greater responsibility. We will also continue hiring strategically, investing heavily in top-tier talent, and utilizing frontier technologies to push our execution even further. I know it can be painful to say goodbye to teammates. It is the hardest consequence of committing uncompromisingly to our values of being “Lean & Disciplined” and demanding “High Performance.”

Robinhood Chain’s RWA ecosystem is thriving 🔥 Shoutout to the @RobinhoodCrypto team —we’re building the future of RWA together. Robinhood Chain leads the way 🚀 #RWA# #RobinhoodChain# @vladtenev @fern @arcus_xyz @Lighter_xyz @rialto_xyz @meridiandotxyz @SherwoodExchange @vimenprotocol @TheIndexFi @ArrowFinanceXYZ @MorphoLabs @centrifuge @_RoodFi @FletchFinance @MelodyAssets @robinhooddailys @Robin_HoodRH @RobinhoodHub

👏👏👏 Sold Out Trade: #Robinhood# Chain's First RWA-Themed NFT This is a part of @RobinhoodCrypto Chain's history. @vladtenev @robinhooddailys @RHCommunityHUB @Robinhood_UK @robinhoodgems