Will Robinhood (HOOD) Collapse?
Published in
5 min readDec 2, 2022
Many people will wonder if Robinhood (HOOD) could collapse like FTX (FTT) did.
To explain, companies build and operate markets. For example, the full name is Robinhood Markets (HOOD). To elaborate, FTX built and operated markets for cryptocurrencies, nonfungible tokens (NFTs) and synthetic assets.
Robinhood operates a market for fractional stock shares and assets. In detail, a…