CryptoCNBC Techabout 1 hour ago
Robinhood Revenue Rises 12% as Contracts Offset Crypto
2 min read
Robinhood reported third-quarter revenue of $1.42 billion, a 12% increase from $1.27 billion last year. Transaction-based revenue grew 19% to $867 million, driven by a 500% rise in event contracts. This growth offset a 55% drop in cryptocurrency revenue to $120 million.
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