Compass Point initiated coverage on Robinhood, rating it a buy with a $61 price target, citing potential revenue from cross-selling to U.S. customers and expanding crypto services. The investment bank highlighted Robinhood's underperformance in the crypto market compared to Coinbase.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.