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XLM $0.1952 -3.17%
ZEC $452.97 -0.68%
BTC $63,083.97 +0.12%
ETH $1,770.46 -0.10%
BNB $578.52 -0.55%
XRP $1.12 -1.49%
SOL $81.47 +0.84%
TRX $0.3292 +0.30%
DOGE $0.0749 -2.57%
ADA $0.1797 -2.47%
BCH $238.75 -0.49%
LINK $7.91 -0.23%
HYPE $70.87 -0.24%
AAVE $93.62 +3.39%
SUI $0.7387 -0.26%
XLM $0.1952 -3.17%
ZEC $452.97 -0.68%

Robinhood's Q1 nominal cryptocurrency trading volume was $36 billion, a year-on-year increase of 224%

2024-05-09 08:33:04
Collection

ChainCatcher news, Robinhood's nominal cryptocurrency trading volume in the first quarter was $36 billion, a 224% increase compared to the same period last year.
The company stated that this led to a 232% increase in cryptocurrency-related revenue, reaching $126 million, which was a major factor driving a 59% year-over-year increase in overall trading revenue to $329 million in the first quarter.

As of March 31, Robinhood held user cryptocurrencies worth $26.2 billion, a 78% increase since the end of 2023.

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