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Robinhood Reports $1.42 Billion Q3 Revenue While Crypto Income Drops 55%

(3 hours ago) · 1 source · Summarized by CryptoBipto

Robinhood reported third-quarter revenue of $1.42 billion, but its cryptocurrency-related income fell 55% compared to a prior period. The decline in crypto income came even as the company's overall revenue figures were reported.

WHY IT MATTERS

Robinhood is one of the most widely used apps for buying and selling cryptocurrency in the United States, especially among people who are new to investing.

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SOURCES

  • cryptopotato.com

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