Robinhood's Q4 crypto revenue reached $360 million, an increase of 490% from Q3, setting a quarterly record for the platform's cryptocurrency revenue. This figure far exceeds the previous peak of $1 126 million in the 2024 Quarter. Cryptocurrency revenue now accounts for nearly 40% of Robinhood's total quarterly revenue, compared to about 20% in the third quarter of 2024. In addition, RobinhoodQ4 cryptocurrency trading volume reached $71 billion.
On February 18, according to Bloomberg, Robinhood plans to launch crypto products in Singapore in 2025 through its acquired European digital asset exchange Bitstamp. The company plans to launch these services by the end of 2025 under the guidance of local regulators. Robinhood acquired Bitstamp in June 2024 for $200 million, in part because of Bitstamp's license in Singapore, which will help Robinhood expand its business in Singapore. Bitstamp received approval-in-principle from the Monetary Aut...
According to the official announcement, Robinhood launched Solana-based PYTH tokens.
Trading platform Robinhood (HOOD) 's fourth-quarter earnings and revenue exceeded analysts' expectations. According to FactSet, Robinhood said its fourth-quarter revenue rose 115 percent year-over-year to $1.01 billion, beating Wall Street analysts' expectations of $945.80 million. The company said in a statement that its trading revenue rose 200 percent year-over-year, primarily due to a 700 percent increase in cryptocurrency-related revenue. Robinhood also reported earnings per share of $1.01,...
交易平台 Robinhood (HOOD) 第四季度收益和收入超出分析师预期。 根据 FactSet 的数据,Robinhood 表示,其第四季度营收较上年同期增长 115%,达到 10.1 亿美元,超过华尔街分析师预期的 9.458 亿美元。该公司在一份声明中表示,其交易收入较上年同期增长 200%,主要原因是加密货币相关收入增长了 700 %。 Robinhood 还公布每股收益为 1.01 美元,高于平均预期的 0.42 美元。周三盘后交易中,...
Robinhood, a US fintech company, is launching its US stock options trading service to UK customers and plans to expand further to tax-free accounts (ISAs) in the UK in the coming period. Jordan Sinclair, president of Robinhood UK, said customers have been clamouring for options trading since the company launched its service in the UK last year. He pointed out that options contracts that customers can trade include NVIDIA, Tesla stock options and S & P 500 index options. These transactions are st...
According to market news, Robinhood has started to offer futures trading, including bitcoin (BTC), foreign exchange (FX), and stocks.