World News
Robinhood’s crypto revenue surges 700% year-on-year in the fourth quarter

Robinhood Markets (Hood) 15% ahead of schedule Thursday morning since the brokerage platform released its fourth-quarter yield on Wednesday. Revenue related to cryptocurrency trading is one of the factors that contributed to this ride, as Robinhood reported $358 million in crypto revenue, higher than expected $329.7 million, up 700% year-on-year.
Brad Smith and Madison Mills of the Morning Profile highlight this aspect of Robinhood’s latest release.
To see more expert insights and analysis on the latest market actions, see more morning summary here.
This article is from Luke Carberry Mogan.


