Robinhood’s 367% Crypto Revenue Surge Fuels $98 Billion Market Cap and $1.4 Billion 2024 Earnings
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最新报道：Robinhood reported a 367% surge in crypto-related revenue to $126 million in Q1 2024, driven by increased trading volumes and higher asset prices. The trading platform's total net revenue rose 40% year-over-year to $618 million, while net income reached $157 million. Robinhood's market cap has grown to $18 billion, with $1.4 billion in projected 2024 earnings. The company also announced plans to expand its crypto services internationally after recent regulatory clarity in the U.S. Bitcoin trading volume on Robinhood increased by 224% compared to Q1 2023.
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