Bitcoin’s Institutional Era Has Arrived | Robinhood VP of Crypto Institutions Nicola White
By Patrick Green
AI summary of the source article
Robinhood is bringing crypto perpetual futures to US customers, providing up to 10x leverage on Bitcoin and Ether. In an interview, Nicola White, Robinhood’s vice president of institutional crypto, explained how the rollout was enabled by a CFTC no-action letter, the Bitstamp exchange, and Robinhood Derivatives. White also addressed Robinhood’s interest in always-on markets, 24/7 stock trading, and tokenized stocks. Other discussion areas included institutional Bitcoin depth, block trades, AI trading agents, sub-account controls, and US leverage limits following the 2022 market meltdown.
Why it matters
The initiative brings leverage of up to 10x on Bitcoin and Ether perpetual futures to US customers as Robinhood pursues markets that never close.
Key facts
- Robinhood is bringing crypto perpetual futures to US customers with up to 10x leverage on Bitcoin and Ether.
- The rollout relies on a CFTC no-action letter, the Bitstamp exchange, and Robinhood Derivatives.
- Nicola White serves as Robinhood’s vice president of institutional crypto.