Robinhood’s crypto volumes slip QoQ, but analysts see upside from staking and blockchain push
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最新报道：Robinhood's crypto trading volumes declined in Q4 2023, dropping 16% sequentially to $1.3 billion, according to the company's earnings report. Despite the dip, analysts remain optimistic about the trading platform's crypto business due to its expansion into staking services and blockchain infrastructure development. Robinhood recently launched staking for Ethereum and Solana, with plans to add more assets. The company also acquired Bitstamp for $200 million to boost its institutional crypto offerings. While crypto revenue fell 10% to $43 million in Q4, Robinhood's overall net income rose to $30 million, marking its third consecutive profitable quarter.
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