Zeke Vince said on LinkedIn today (Monday) that he is starting at Robinhood as the Global Head of BD for Institutional Crypto.

The move comes as Robinhood reported quarterly results in February last year that exceeded market expectations. Revenue reached $1.01 billion, above the consensus estimate of $849.06 million.

At that time, the company said quarterly net revenue more than doubled from a year earlier. Cryptocurrency generated $358 million in revenue and was the largest contributor to transaction-based revenue of $672 million. This was higher than options revenue of $222 million. Equity trading revenue also increased and reached $61 million.

Robinhood Hires Vince for Institutional Crypto

Vince joins Robinhood after more than three years at B2C2. He joined the firm in late summer and served for about three and a half years. During that time, he held the role of Head of Sales and Managing Director.

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Before B2C2, Vince worked at Bank of America Merrill Lynch for more than five years. He spent about three years as Global Head of eFX and Algo Sales. Earlier, he served for around two and a half years as Head of Americas eFX and Algo Sales, Director.

Earlier in his career, Vince spent just over five years at J.P. Morgan in New York. He began as an Associate in eFX Sales and later spent more than three years as Vice President eFX Sales.

He started his career at Credit Suisse. He worked there for about one and a half years as an Associate in eFX, based in the Greater New York City Area.

Florida Investigates Robinhood Crypto Over Low-Cost Trading Claims

Robinhood is also facing regulatory scrutiny. The company is under investigation by Florida’s Attorney General over claims that it offers crypto trading “at the lowest cost on average.” The state has issued a subpoena seeking internal documents.

Authorities said Robinhood Crypto may be violating the state’s Deceptive and Unfair Practices Act. The investigation also examines the platform’s payment-for-order-flow model. Robinhood stated that it discloses all relevant pricing and fees to users.