CryptoThe Blockabout 1 hour ago
Robinhood Earnings Miss, Crypto Revenue Drops
2 min read
Robinhood reported third-quarter revenue of $1.42 billion while crypto revenue fell 55% to $120 million. Analysts view the drop as an overreaction caused by an unrealized loss on its Robinhood Ventures Fund I. Bernstein projects new products will drive 25% of revenue by 2028.
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