Robinhood Quarter 1 Crypto Trading Volume Surges 224% to $36 billion
2024-05-08 22:01:41
Robinhood Quarter 1 beat expectations as its crypto trading volume surged 224% to $36 billion. Despite the SEC's Wells Notice alleging violations, Robinhood's crypto division revenue grew 232% year-over-year to $126 million. The move played a key role in its overall increase in trading-related revenue up 59% year-over-year.
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