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Market Cap:
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Bitcoin Bitcoin Share: 58.85%
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Cryptopolitan
2023-05-11 20:20:16

Robinhood suffers 30% drop in Q1 crypto revenue

Robinhood suffers 30% drop in Q1 crypto revenue

Robinhood, the US-based cryptocurrency and stock trading app, has reported a 30% year-on-year revenue decline for its cryptocurrency trading business in Q1 2023. The company disclosed its earnings on May 10th, revealing that it earned $38 million in cryptocurrency trading revenues during the period, down from $54 million in Q1 2022. Robinhood’s crypto venture faces ... Read more

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