Robinhood Crypto Trading Revenues Surge in Q4
- Robinhood’s crypto trading division reported an eight-fold increase in revenue from digital asset transactions in the final quarter of last year.
- Total net revenues rose 115% year-over-year to $1.01 billion.
- Transaction-based revenues increased over 200% year-over-year to $672 million, with cryptocurrencies contributing $358 million, up over 700%.
- Options revenue grew by 83% to $222 million, while equities revenue increased by 144% to $61 million.
- Net interest revenues saw a rise of 25%, reaching $296 million.
The significant growth in Robinhood’s crypto trading revenue underscores its emerging role as a major competitor in the US crypto market, challenging established platforms like Coinbase.
Source (2.6)https://dailyhodl.com/2025/02/13/robinhood-crypto-sees-8x-jump-in-crypto-trading-revenues-in-q4-2024-putting-pressure-on-coinbase-report/?rand=59076
