Robinhood posts record quarter, but crypto revenue slides 38%
Covered by 3 sources · 4 articles
3 outlets - including Cointelegraph, Cryptoslate and Coinotag - are covering this story. Robinhood's crypto-related transaction revenue in the fourth quarter of 2024 generated $358 million of the company's $672 million in transaction-based revenue, about 53% of the total. That concentration had flipped by the second quarter of…
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Robinhood’s crypto revenue plunged 38%, but a sudden explosion in options trading saved its record quarter
Robinhood's crypto-related transaction revenue in the fourth quarter of 2024 generated $358 million of the company's $672 million in transaction-based revenue, about 53% of the total. That concentration had flipped by the second quarter of…
Bitcoin-Linked Crypto Revenue Falls 38% at Robinhood
Crypto News Bitcoin (BTC) trading and broader crypto activity at Robinhood weakened in the second quarter, even as the brokerage posted its strongest quarterly results to date. The company’s invest...
Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.
Robinhood posts record quarter as crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.