Category: Robinhoods

  • Robinhood’s Q1 Crypto Revenue Triples

    Robinhood’s Q1 Crypto Revenue Triples

    Although Robinhood (Nasdaq: HOOD) faces potential regulatory setbacks, its revenue from cryptocurrency trading in the first three months of 2024 jumped 232 percent to $126 million. The increase was driven by virtual cryptocurrency trading volume in the quarter, which reached $36 billion, 224 percent higher. Encryption is king The US…