{"id":33455,"date":"2024-07-02T09:32:18","date_gmt":"2024-07-02T09:32:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/robinhood-acquires-pluto-capital\/"},"modified":"2024-07-02T09:32:18","modified_gmt":"2024-07-02T09:32:18","slug":"robinhood-acquires-pluto-capital","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/robinhood-acquires-pluto-capital\/","title":{"rendered":"Robinhood Acquires Pluto Capital"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>In an effort to improve user investing techniques, Robinhood just announced that it has acquired Pluto Capital, an artificial intelligence research platform.<\/p>\n<p>The 24-year-old Jacob Sansbury established Pluto, which is well-known for its real-time analytics and individualized investing recommendations. This purchase fits nicely with Robinhood\u2019s plan to increase its level of engagement in the cryptocurrency space. <a href=\"https:\/\/igaming.org\/crypto\/robinhood-to-acquire-bitstamp-despite-sec-scrutiny\/\">Bitstamp<\/a> was also purchased by Robinhood last month.<\/p>\n<p>The objectives are very clear: increase Robinhood\u2019s cryptocurrency footprint, draw in institutional customers with new offerings, and take use of Bitstamp\u2019s existing connections.<\/p>\n<p>Mayank Agarwal, Robinhood\u2019s vice president of engineering, praised Pluto\u2019s platform, stating, <em>\u201cThey have built an impressive platform that is highly regarded in the financial services industry. Their expertise in artificial intelligence coupled with a mission-aligned passion to democratize finance will complement our team\u2019s effort to bring AI-powered tools to our customers.\u201d<\/em><\/p>\n<p>Details of the agreement remain undisclosed.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>250% Extra + $125 Free Chip!<\/strong><\/strong> <\/p>\n<p>New players only. 250% on 1st Deposit + $125 Free Chip<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Expanding Robinhood\u2019s Reach<\/h2>\n<p>Robinhood is broadening its services, now offering crypto, retirement products, and credit cards. The company aims to assist individual investors in enhancing their crypto portfolios. Pluto\u2019s technology will analyze market data and users\u2019 portfolios to offer tailored investment suggestions. Sansbury emphasized retail investor accessibility, stating, <em>\u201cThere will be no thresholds or gates. It\u2019s very important for us to give access democratically to everyone.\u201d<\/em><\/p>\n<p>This acquisition represents a significant step in Robinhood\u2019s mission to democratize crypto investments, providing investment advice to all investors, regardless of wealth.<\/p>\n<p>Robinhood\u2019s acquisition of Pluto Capital not only enhances its retail investment offerings but also holds significant promise for the crypto industry. Pluto\u2019s AI-driven analytics could transform how users engage with digital assets, offering real-time data and personalized insights.<\/p>\n<p>Robinhood and Pluto are part of a broader trend of integrating AI into fintech and crypto. AI enhances user experience, decision-making, and market predictions in both traditional and crypto markets.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>$600 &amp; 40 Free Spins on 1st Deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $600<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Both companies share a goal of making advanced investment tools accessible to regular investors, ultimately boosting confidence and participation in crypto investing.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/robinhood-acquires-pluto-capital\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) In an effort to improve user investing techniques, Robinhood just announced that it has acquired Pluto Capital, an artificial intelligence research platform. The 24-year-old Jacob Sansbury established Pluto, which is well-known for its real-time analytics and individualized investing recommendations. This purchase fits nicely with Robinhood\u2019s plan [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":33456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33455"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=33455"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/33456"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=33455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=33455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=33455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}