Robinhood's AI Can Now Trade While You Sleep | CoinDesk Daily

Uyen Truong (0:00)

Robinhood wants an AI that trades while you sleep, and a $4 trillion Brazilian giant just put fund records on the XRP ledger. This is CoinDesk Daily.

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Robinhood unveiled AI agents that can research markets, build strategies and place trades on a customer's behalf at any hour. More than 150,000 people have already opened agentic accounts since Robinhood opened its infrastructure to outside agents earlier this year. Robinhood is also bringing crypto perpetual futures to eligible US customers with up to 10x leverage on Bitcoin and Ether. As CEO of Lattena put it, the goal is the best place in the world for active traders. Cibo and S&P Dow Jones indices may explore tokenized options under a newly extended licensing deal that runs through 2051 The tie up gives Cibo exclusive rights to its flagship S&P 500 index options, one of the world's most actively traded derivatives. Neither firm announced a product or timeline, but tokenized options could lock collateral on chain and encode the strike and expiration into a smart contract, letting settlement happen automatically. And a Brazilian market operator responsible for roughly $4 trillion in registered assets has begun putting fund records onto the XRP ledger. CSDBR will use the public blockchain as a second record of who owns shares in selected BTG Pactual Investment Funds. Approved banks can check that copy against CSDBR's official database in real time instead of the slow reconciliation they do now. Get more updates on coindesk.com. Want trusted crypto research? Check out The Stack, Grayscale's blog. Visit grayscale.com/thestack.

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