‘Huge opportunity ahead’: Robinhood hits $1 billion revenue, thanks to crypto
Robinhood Markets, the Menlo Park, California-based firm that rose to prominence during the 2021 GameStop short squeeze, surpassed $1 billion in revenue during its fourth quarter. The surge was largely driven by the success of its crypto trading operation during the 2024 presidential election,
Robinhood has cemented its foothold in the crypto trading market as its commission-free model attracts price-conscious ...
These latest earnings show that Robinhood benefited from the recent crypto bull run, and it could encourage Robinhood to push ...
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Robinhood is using stablecoins to power its weekend settlementsRobinhood is leveraging stablecoins for weekend settlements to enhance transaction efficiency amid its crypto product growth.
Robinhood signaled that there's still room to grow its crypto offering, including adding more tradeable tokens and ...
With SEC fines and Congressional reprimands over meme stocks and gamified trading in its rearview mirror, Robinhood has emerged as the biggest traditional broker trading crypto, especially meme coins.
Robinhood (HOOD) shares surged in pre-market activity Thursday after the popular trading app reported fourth-quarter earnings ...
Robinhood's fourth-quarter results show a 700% increase in crypto revenue to $358 million, driven by Bitcoin's rise above ...
Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets ...
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