Tuesday, December 24, 2024
Home > Strides

Robinhood makes significant strides in crypto business in Q1 despite falling revenue

On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm's net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million during the same period. This was partly due to a decrease in

Read More