Robinhood, the Gen Z Brokerage, Close to the Danger Zone

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The Street

By Luc Olinga The Brokerage of millennials and Gen Z suffers from disaffection with cryptocurrencies and meme stocks. The ongoing crash of cryptocurrencies and mainly Bitcoin has led observers to identify the collateral victims of this debacle. There are of course the retail investors who have seen the value of their portfolio melt away. Some testimonials on social networks even speak of financial ruin suffered by some individual investors. Crypto billionaires like Changpeng Zhao, founder of cryptocurrency exchange, Brian Armstrong, co-founder of Coinbase (COIN) – Get Coinbase Glob…

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