Robinhood wins Dubai licence to launch Middle East platform in 2027
The gist
Robinhood won Dubai DFSA authorization to offer trading and custody across 10 asset classes, planning a 2027 launch.
Shares are down 18.5% in a month ahead of Tuesday's Q3 report.
How it unfolded
- Mar 6, 2026Robinhood Ventures Fund I (RVI), a closed-end fund giving retail investors exposure to private companies, began trading on the New York Stock Exchange under the symbol RVI.
- Jul 2026Robinhood reported Q2 revenue up 32% to a record $1.31 billion and EPS of $0.62 versus a $0.44 consensus; net deposits hit a record $21.7 billion and Gold subscribers reached 4.8 million.
- Oct 7, 2026Robinhood insiders sold shares worth $42,643,527 and $1,137,100, according to SEC filings.