This is a YoY news story, published by CoinGape, that relates primarily to Robinhood news.
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Q2 crypto revenues. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest crypto transaction revenue news, cryptocurrency transaction revenues news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
crypto transaction revenuesCoinGape
•71% Informative
Robinhood 's Q2 crypto revenues soared 161% YoY to $81M, doubling equity transaction revenues.
Options trading remains to be Robinhood ’s biggest source of revenue, earning $327M in the second quarter .
Total Q2 revenue jumped 40% to $682M, driven by 137% rise in digital asset trading volumes.
Robinhood shares (HOOD) decreased by 0.52% in after-hours trading following the earnings announcement.
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