Robinhood reports record quarter despite crypto revenue decline
Robinhood completed a record quarter despite a 37.5% year-over-year drop in crypto revenue to $100 million in Q2, with crypto now only 13% of total revenue. The results were reported by multiple sources, highlighting the company's diversified growth beyond crypto trading.
Detected & updated continuously · Source: Nebula
Sources
@FranceCryptos
🚨 @RobinhoodApp boucle un trimestre record malgré l'effondrement de son activité crypto. Le trading crypto ne pèse plus que 13% du chiffre d'affaires de Robinhood. Le revenu crypto tombe à 100 millions de dollars au deuxième trimestre, en baisse de 37,5% sur un an, tandis que https://t.co/U8x08906q5
@CryptoArchieYT
The Robinhood narrative is only just beginning.