投资逻辑 本周美联储 3 月议息会议保持利率不变，但鲍威尔鹰派发言表示在未看到通胀显著回落之前不会降息。受此影响，美 债利率上升，市场甚至开始出现再次加息的讨论。本周加密货币总市值为 2.4 万亿美元，环比上周持平。比特币收盘 价为 70,523 美元/枚，环比上周下滑 0.6%，持仓均价持续下滑至 54,342 美元/枚；以太坊收盘价为 2,147 美元/枚， 环比上周上涨 6.0%。市场情绪周初上涨，但议息会议之后出现回落。期权市场相对看涨下半年行情。 链上代币化进程持续演绎：美国 SEC 正式批准纳斯达克交易所修改规则，允许其试点以代币化形式交易证券。美国 证券交易委员会（SEC）与商品期货交易委员会（CFTC）联合发布监管指引，明确数字商品、数字收藏品、数字工 具，以及依据 GENIUS 法案定义的支付数字货币。唯一仍受证券法约束的加密资产类别为数字证券，即传统证券的 代币化形式。Bitget 将上线 Ondo 链上的代币化股票、指数 ETF 以及贵金属资产。加密做市商 Flow Traders 推出全 天候 OTC 市场。Hyperliquid 上新增标普 500 映射合约，这是首个也是唯一官方授权 ...

Tokenized stocks, sized by number of onchain holders.@xStocksFi's assets are currently the most widely held tokenized stocks.None of @RobinhoodApp's tokenized stocks made the cut. https://t.co/70AaFWGkB3 ...

🚨JUST IN: ROBINHOOD CEO PUSHES CLARITY ACT TO UNLOCK STABLECOIN YIELDS@RobinhoodApp CEO Vlad Tenev (@vladtenev) is pushing for faster regulatory action. He called on Congress to pass the CLARITY Act.Tenev argues stablecoins should offer both safety and yield.The push comes as lawmakers debate stablecoin frameworks.He noted savings accounts can return around 3.5% annually.Stablecoins, in contrast, often offer zero returns.This gap discourages broader user adoption. He says yield is key to unlocking their ful ...

⚡️ NEW: Robinhood CEO Vlad Tenev urges Congress to allow stablecoin yield, saying consumers deserve returns on their stablecoin holdings just like any savings account. https://t.co/OY3ApluL6S ...

🇺🇸CLARITY ACT: ROBINHOOD CEO SAYS PRIORITY IS VALUE AND SAFETYRobinhood CEO Vlad Tenev (@Vladtenev) is urging Congress to pass the CLARITY Act, declaring that Value and safety are key to determining stablecoin yields.Tenev calls for regulatory clarity that lets stablecoins deliver safe yields to holders — moving beyond today’s zero-yield payment tokens to compete with 3.5% savings accounts.He dismisses legacy bank lobbying fears, noting reserves stay securely in the banking system and tokenized money market ...

ARKK futuristic display with robotics, DNA and autonomous vehicles reflects Tesla-led innovation ETF themes. Key Points Despite gaining nearly 50% over the last year, ARKK has dropped almost 9% YTD and remains roughly 55% below its 2021 peak. The fund’s performance is heavily tied to volatile growth stocks that have seen sharp corrections, though analysts suggest its top-tier holdings have massive upside potential. While the ETF’s aggregate analyst rating is a Moderate Buy, institutional selling recent ...

Key Takeaways HOOD launched a beta of its in-app social trading platform with 1,000 users, expanding soon.HOOD verifies users via KYC and enables live trade sharing, profiles and direct trading from feeds.The feature aims to boost engagement, increase trading frequency and grow transaction revenue.Robinhood Markets, Inc. (HOOD) is taking a step toward becoming a hub for active traders by launching the beta version of its in-app community feature, Robinhood Social. Introduced at the HOOD Summit last year, th ...

Core Viewpoint - Robinhood Markets has experienced a significant decline in stock value, dropping approximately 51% since its peak last October, raising concerns about its future performance [1][3]. Revenue Sources - The majority of Robinhood's revenue is derived from transaction fees, which are generated whenever clients buy or sell financial assets, including stocks, options, and cryptocurrencies [2][5]. - A surge in cryptocurrency trading revenue was observed in late 2024, with a year-over-year increase of 732%, reaching a record high of $358 million, which constituted over half of the company's total transaction revenue for that period [6]. Cryptocurrency Market Trends - In the fourth quarter of 2025, Robinhood's crypto transaction revenue fell by 38% from its peak in the fourth quarter of 2024, totaling $221 million, despite overall transaction revenue increasing due to gains in other business areas [7]. - The total value of all cryptocurrencies has decreased from a peak of $4.4 trillion in 2025 to $2.5 trillion, indicating a significant downturn in the crypto market [9]. Stock Valuation - Robinhood's stock valuation peaked at over $150, with a price-to-sales (P/S) ratio exceeding 30, which was nearly triple its historical average of about 11.5 since going public in 2021 [12]. - Despite a 51% decline in stock price, the P/S ratio remains elevated at 15.3, suggesting potential for further downside as the company would need to decline by 25% to align with its long-term average P/S ratio [14]. New Business Ventures - Robinhood's entry into the prediction market sector, in partnership with Kalshi, has generated $435 million in annualized revenue, more than tripling from the previous quarter [15]. - This new venture may help attract more clients, although the majority of sports bettors tend to lose money over time, which could impact customer retention [16].

Vancouver, British Columbia – TheNewswire - March 19, 2026 – MindBio Therapeutics Corp. (CSE: MBIO); (Frankfurt: WF6); (OTCQB:MBQIF), (the “Company” or “MindBio”), a biotechnology company commercializing AI-driven voice analytics for drug and alcohol intoxication detection announces today that it is upsizing its non-brokered private placement (the “Offering”) previously announced on February 18, 2026 from $650,000 to up to $1,500,000, pursuant to which the Company intends to now issue up to 2,500,000 units ...

Core Insights - The fintech trading platforms are competing on convenience, with Robinhood and Coinbase as key players in the market [1][3] Company Overview: Robinhood - Robinhood has expanded beyond commission-free trading to include a credit card, retirement accounts, and a premium membership service [4] - The company reported $358 million in cryptocurrency revenue in Q4 2024, but this revenue has been volatile [6] - Robinhood's Prediction Markets segment saw over 12 billion event contracts traded in 2025, contributing to a 374% increase in "Other" category revenue to $147 million in Q4 2025 [7] - The company aims to be the top platform for active traders by focusing on its Prediction Markets and Robinhood Gold Subscription service [8] Company Overview: Coinbase - Coinbase's profitability is highly cyclical, with a net income of $1.4 billion in Q2 2025 followed by a net loss of $668 million in Q4 2025, resulting in a total net income of $1.2 billion for fiscal 2025, down from $2.5 billion the previous year [9] - To reduce reliance on the cryptocurrency market, Coinbase has expanded to offer 24/5 stock and ETF trading for U.S. users and has also entered the prediction markets [11] - Coinbase is developing tokenized assets, leveraging its existing technological infrastructure to support this shift [12] Investment Considerations - Both companies have significant potential upside in shaping the future of fintech trading platforms, but they also carry risks, making them suitable for aggressive investors [13] - Robinhood has a forward P/E ratio of 32.6, while Coinbase's is 57.5, indicating that neither stock is considered cheap, but Coinbase has less margin for error [13] - Coinbase's performance is closely tied to the cryptocurrency market, which adds to its investment risk [14] - Robinhood may have an early advantage in becoming a comprehensive financial app, while Coinbase is working to broaden its offerings [14][15]