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Robinhood Crypto Revenue Plunges 55% in Q3 Despite Record $1.42B Overall Revenue

Josh1 min read

Robinhood Crypto Revenue Plunges 55% in Q3 Despite Record $1.42B Overall RevenueRobinhood reported record quarterly revenue of $1.42 billion as growth in options and prediction markets offset a sharp decline in cryptocurrency trading, even as the company expanded its blockchain and digital asset businesses. Record Overall Revenue, But Not for Crypto Robinhood Markets (Nasdaq: HOOD) reported a 55% year-over-year decline in cryptocurrency transaction revenue to $120 […]

Source: https://news.bitcoin.com/crypto-news/robinhood-crypto-revenue-plunges-55-percent-q3-record-overall/

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