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Operating its own credit card potentially gives Robinhood financial performance ballast against the more volatile revenue coming from stock, options and crypto trading. https://t.co/GeKhpyrWrq
Apparently the Robinhood credit card is the rebranded version of the X1 card after the acquisition
.@RobinhoodCrypto Wallet is now available for Android users! Full support for Arbitrum One is available now directly within the app, featuring fast and cheap swapping. Onboarding has never been easier. 🪶💙 https://t.co/BlkKGIKU2q
Robinhood has introduced a new credit card with virtual card capabilities, which users find appealing. However, some criticize the move, claiming the card is a rebranded version of the X1 card after an acquisition. The credit card aims to provide financial stability to Robinhood amidst fluctuating revenue from trading activities.
