Opinion: Robinhood's layout of virtual asset business has certain reference significance for Chinese brokerage firms.

Odaily News Guoxin Securities released a research report stating that Robinhood's approach to virtual asset-related businesses has certain reference significance for Chinese securities firms entering related businesses. In the context of compliance, obtaining relevant licenses, promoting asset on-chain, and exploring PFOF business formats may enhance its profitability. Combined with the brokerage zone's own PB-ROE valuation paradigm, there is still double-click potential in the brokerage zone, maintaining an "outperform market" rating for the industry. (Aastocks)

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