Robinhood saw $38M in crypto transaction revenue in Q1 2023

Stock and crypto trading platform Robinhood published its Q1 2023 results on May 10. The company said that its cryptocurrency transaction revenues fell 1% sequentially to $38 million, even as overall transaction revenue increased by 11%. Robinhood additionally said it increased its assets under custody by 26% sequentially to reach $78 billion…
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Melvin Akins

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