News Explorer — Younger Investors' Embrace of Crypto Means Robinhood Is Well-Positioned to Capitalize, Says Bernstein

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Sep 12, 12:37 pm

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Younger Investors' Embrace of Crypto Means Robinhood Is Well-Positioned to Capitalize, Says Bernstein

A new report from Bernstein highlights how younger investors are increasingly turning to crypto and blockchain-based solutions, while older generations remain skeptical. The report specifically mentions Robinhood as being well-positioned to benefit from this trend, as a significant portion of its assets come from customers aged 43 and under. Younger generations find the current banking system expensive and outdated, preferring decentralized finance (DeFi) and blockchain technology.

A new report from Bernstein highlights how younger investors are increasingly turning to crypto and blockchain-based solutions, while older generations remain skeptical. The report specifically mentions Robinhood as being well-positioned to benefit from this trend, as a significant portion of its assets come from customers aged 43 and under. Younger generations find the current banking system expensive and outdated, preferring decentralized finance (DeFi) and blockchain technology.

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