Robinhood’s Q1 Crypto Trading Volume Surged 224% as SEC Action Looms

Robinhood’s Q1 Crypto Trading Volume Surged 224% as SEC Action Looms

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Source: Coindesk.com

Robinhood (HOOD) saw a first-quarter notional crypto trading volume of $36 billion, up 224% from year-ago levels.

That led to a 232% increase in crypto-related a revenue to $126 million, a primary factor, said the company, in driving overall first quarter transaction-based revenue up 59% year-over-year to $329 million.

Read More https://www.coindesk.com/business/2024/05/08/robinhoods-q1-crypto-trading-volume-surged-224-as-sec-action-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms" appeared first here Coindesk.com.

Source: Coindesk.com

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