Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

KEY POINTS Robinhood said crypto valuations helped drive its AUC growth in Q1 The company added that its transaction-based revenue growth was ‘primarily driven’ by crypto revenue Robinhood Crypto received a Wells Notice from the SEC earlier this week Financial services giant Robinhood on Wednesday reported its first quarter 2024 earnings, highlighting how its cryptocurrency … Read more