Promising Cryptocurrency Stocks To Follow Today – August 26th

Robinhood Markets, Galaxy Digital, and HIVE Digital Technologies are the three Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are equity shares of publicly traded companies whose business models revolve around digital assets and blockchain technology. Rather than buying cryptocurrencies directly, investors can gain exposure to the sector by owning stock in firms that mine digital currencies, operate crypto exchanges, develop blockchain solutions or hold significant crypto reserves. This approach lets investors participate in the growth of the crypto market through traditional equity markets. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Galaxy Digital (GLXY)

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

HIVE Digital Technologies (HIVE)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.