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Robinhood partners with Klutch Sports, brings Rich Paul on as advisor as it moves into sports and entertainment - TL;DR CNBC

Robinhood partners with Klutch Sports, brings Rich Paul on as advisor as it moves into sports and entertainment

Publishing timestamp: 2024-03-07 10:59:44


Summary

Rich Paul's Klutch Sports Group is forming a strategic partnership with trading platform Robinhood. Paul will join as a strategic advisor to Robinhood, helping the company expand into sports and entertainment. The partnership has already led to successful collaborations with NBA players and increased brand awareness for Robinhood. Robinhood's CEO sees the partnership as a way to merge traditional finance with the growing popularity of cryptocurrency.


Sentiment: POSITIVE

Tickers: LYVHOOD

Keywords: investment strategybreaking news: investinglive nation entertainment incsportsbusiness newsrobinhood markets incretail industry

Source: https://www.cnbc.com/2024/03/07/robinhood-partners-with-klutch-and-rich-paul-lebron-james-agent.html


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