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Robinhood is selected for the S&P 500 Index, marking a new force in fintech

Source: CoinWorld
As part of its quarterly adjustment, Robinhood Markets Inc. (HOOD) has officially joined the S&P 500 to replace Caesar’s Entertainment. The inclusion reflects Robinhood’s growing presence in the fintech space and its role in democratizing stock and cryptocurrency trading. The move is expected to increase the stock's visibility and liquidity. Meanwhile, Robinhood’s launch of SUI tokens has also increased its market exposure, with SUI trading at about $3.3-3.4, down 37% from its all-time high of $5.35.
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