A boost is expected from crypto-assets listings, as one analyst flags expected changes to securities laws under a Trump administration.

Robinhood (HOOD) shares gain after Needham analysts upgraded the stock to a Buy rating, citing a potential expansion of its crypto offerings under President-elect Donald Trump's upcoming administration,

Both companies have spent the past few years fighting the government over whether their offerings of cryptocurrency products violate the law.

Robinhood Markets Inc. ($HOOD) saw its stock rise more than 8% on Monday, reaching three-year highs after a positive shift in Wall Street sentiment eyeing favorable regulatory changes under President-elect Donald Trump’s administration.