Robinhood posts record quarter as crypto revenue slides 38%
CoinTelegraph·
60-second summary
Robinhood posts a record quarter despite a 38% slide in crypto revenue, driven by growth in its digital asset business, including the expansion of Robinhood Chain, tokenized stocks, and decentralized lending.
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.