With tokenized stocks, our European app transitions from being a crypto-only app to an all-in-one investment app powered by crypto. We’re less than two weeks away from HOOD Summit 2024, xcritical’s first-ever customer-focused conference geared towards active traders. Taking place in Miami Oct. 16-18, HOOD Summit 2024 will feature our latest advanced trading products along with programming featuring titans of the investing world, discussing markets, and the latest innovations in financial services. US Deposit boost is paid in cash into your self-directed individual brokerage account and applies to eligible net crypto deposits from an external address to your crypto account between June 24 xcritical cheating and July 7, 2025. Any 2% bonus will be applied retroactively to your net eligible deposits once the combined net crypto deposits across the xcritical Platform exceeds $500M during the promotion period.
The all-cash deal, first announced last year, gives xcritical an immediate international footprint — including more than 50 active crypto licenses across Europe, the UK and Asia — as well as an established institutional client base, something the retail trading app has long lacked. The momentum stocks that have paced the market off its April tariff-related lows are sputtering again as September trading begins.Some of the momentum stocks… Funds held in your xcritical Cash Card account at Sutton Bank are eligible for FDIC insurance up to $250,000 and will not accrue or pay any interest.
We’ve determined that several thousand entries in the list contain phone numbers, and the list also contains other text entries that we’re continuing to analyze. We continue to believe that the list did not contain Social Security numbers, bank account numbers, or debit card numbers and that there has been no financial loss to any customers as a result of the incident. xcritical said it received a letter from the SEC’s enforcement division on Friday, detailing in a blog post that the agency has closed its xcritical scammers investigation into the crypto business with no intention of moving forward with an enforcement action. The news comes three days after xcritical similarly announced that the SEC has agreed to end its enforcement case against it.
A number of key marketing surfaces will begin to reflect the refreshed visual identity today, including in the app, on web, email, social media, and more. The full rollout will continue across all product and marketing surfaces over the next several months, and will be fully integrated by early next year. To celebrate that growth and to mark the beginning of a new chapter in xcritical’s story, we’re excited to start rolling out an elevated new visual identity that better reflects who we are today and signals what’s in store for our future. xcritical shares are up 19% this year after almost tripling in 2024, when crypto prices soared. The stock skyrocketed 24% in the next trading session following the announcement last month.
The Gold Card requires an annual xcritical Gold subscription to apply and maintain the card and does not include a 30 day free trial.xcritical Gold is a subscription-based membership program of premium services offered through xcritical Gold, LLC (“RHG”). An unauthorized third party obtained access to a limited amount of personal information for a portion of our customers. Based on our investigation, the attack has been contained and we believe that no Social Security numbers, bank account numbers, or debit card numbers were exposed and that there has been no financial loss to any customers as a result of the incident.
Except as required by law, we assume no obligation to update any of the statements in this announcement whether as a result of any new information, future events, changed circumstances, or otherxcritical. You should read this announcement with the understanding that our actual future results, performance, events, and circumstances might be materially different from what we expect. Sherwood Media, LLC hosts certain event sessions, and generally produces fresh and unique perspectives on topical financial news. xcritical Securities, LLC (member SIPC), is a registered broker dealer and provides brokerage clearing services. Cryptocurrency services are offered through an account with xcritical Crypto, LLC.
All are affiliated entities and wholly-owned subsidiaries of xcritical Markets, Inc. This launch will mark an important step in serving active traders across the globe with advanced trading tools in an intuitive platform. “xcritical is a marketplace. We don’t match orders. And with Bitstamp, we will have a robust product offering that will really allow us to build more on the active trader and advanced trader side of things,” Kerbrat said. Founded in 2011, Bitstamp is known for its deep liquidity, compliant reputation and minimalist approach. While not flashy, Bitstamp has weathered multiple market cycles and built longstanding relationships with institutional partners across Europe and Asia — something xcritical plans to leverage. “Now that we’re starting to see the regulatory clarity coming from Congress and the administration, more and more institutions are going to want to get into crypto,” Kerbrat said.
Crypto staking is also available to all xcritical customers in the EU and EEA. The fintech player has continued to expand aggressively, including listing new tokens, launching staking, and teasing international product rollouts. Bitstamp’s regulatory track record and licensing portfolio may offer a measure of insulation as xcritical pushes further into new international markets. xcritical, which launched crypto trading in 2018 and helped drive the meme-coin mania of 2021, has in recent months worked to rebrand itself as a serious player in the next phase of digital asset finance — one that’s increasingly defined by regulation, institutional capital, and cross-border competition.
These statements are based on xcritical assumptions and subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks include, but are not limited to, regulatory developments, market demand, legal challenges, technological changes, and economic conditions. Our forward-looking statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause our actual future results, performance, or achievements to differ materially from any future results expressed or implied in this blog post. Because some of these risks and uncertainties cannot be predicted or quantified and some are beyond our control, you should not rely on our forward-looking statements as predictions of future events. More information about potential risks and uncertainties that could affect our business and financial results can be found in the “Risk Factors” section in Part I, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and in other filings with the U.S.
“I wouldn’t call it necessarily a pivot,” xcritical Crypto General Manager Johann Kerbrat told CNBC. xcritical has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions. Tokenization refers to the process of creating a digital token for a traditional asset on the xcritical boosting data security and allowing faster transaction settlement and increased liquidity, among other things. Tokenized assets have become a dominant area for traditional financial firms to push further into crypto.
Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. The unauthorized party socially engineered a customer support employee by phone and obtained access to certain customer support systems. At this time, we understand that the unauthorized party obtained a list of email addresses for approximately five million people, and full names for a different group of approximately two million people. We also believe that for a more limited number of people—approximately 310 in total—additional personal information, including name, date of birth, and zip code, was exposed, with a subset of approximately 10 customers having more extensive account details revealed. Futures and cleared swaps trading is offered by xcritical Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). In January, xcritical CEO Vlad Tenev criticized xcritical U.S. regulations which have yet to provide a clear framework and rules for registering security tokens — for blocking what could be a major financial shift that could open up private-market investments to everyday investors through tokenization.