Robinhood has launched micro futures contracts for Bitcoin, Solana, and XRP, enabling traders to engage in derivatives trading with lower capital requirements. This new offering, announced on Friday, enhances Robinhood's existing crypto futures range, which previously included only Bitcoin and Ether. Micro futures contracts are smaller versions of standard contracts, allowing for speculation on price movements with less upfront investment. With over 25 million funded customer accounts, Robinhood has significantly progressed in the crypto sector since starting spot trading in 2018. The firm has also strengthened its crypto services through strategic acquisitions, including completing a notable deal with Bitstamp and acquiring regulated trading platforms such as WonderFi. These moves reflect a broader trend of consolidation in the crypto industry amid challenging market conditions and a notable decrease in venture capital deals.

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