Robinhood Markets Inc. (NASDAQ:HOOD) stock moved higher Thursday as cryptocurrency-related equities gained momentum following policy updates from a White House summit held Wednesday. Nasdaq futures are down 0.10% while S&P 500 futures have shed 0.04%.
President Donald Trump repeated his commitment to secure U.S. leadership in cryptocurrency and emerging technologies. The meeting included CFTC Chairman Michael Selig, SEC Chairman Paul Atkins and executives from firms such as Coinbase Global Inc (NASDAQ:COIN), Robinhood, Ripple and Kalshi.
Trump Pushes Legislative Progress
Trump urged Congress to pass the CLARITY Act to establish regulatory standards for digital assets.
“We’re ensuring that America remains the undisputed leader not only in Bitcoin and crypto, but also technologies like prediction markets, artificial intelligence, and much more,” Trump said.
