As 2024 draws to a close, Robinhood is setting its sights on international growth, with plans to expand its offerings and establish a stronger global presence in 2025.
In an interview with Yahoo Finance, Jordan Sinclair, President of Robinhood UK, confirmed that the company is preparing to launch Options trading for UK clients in early 2025. Robinhood UK, which opened its virtual doors in Q1-2024, has already added margin investing to its portfolio in response to growing demand. Sinclair, who joined Robinhood in mid-2023 after serving as Managing Director of Europe for Freetrade, emphasized that the UK market is a key focus for the company.
Robinhood Gears Up for International Expansion with 2025 Plans
While Robinhood has made significant strides in expanding its product offerings in the UK, the company is taking a cautious approach to cryptocurrency trading in the region. Sinclair noted that Robinhood is “monitoring the situation” as the UK’s regulatory framework for crypto remains in flux. In contrast, Robinhood launched crypto trading in the EU in 2024, where it continues to monitor market conditions.
Also, the company’s global expansion plans don’t stop with the UK and EU. Robinhood recently announced its intention to move into Asia, with plans to establish a new regional headquarters in Singapore. This marks a significant step toward Robinhood’s goal of becoming a global player in the investment space.
With these developments, Robinhood is exiting 2024 on a strong note, with its share price nearing a multi-year high. At $39.58 per share, NASDAQ: HOOD is more than three times its value at the start of the year, signaling growing confidence in the company’s international expansion strategy. As Robinhood moves into 2025, its global footprint is set to expand, marking a new chapter in its evolution as a leading brokerage platform.
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