The post Robinhood soars with cryptocurrencies: record revenues appeared on BitcoinEthereumNews.com.

“`html Robinhood records the best quarter in its history in the world of cryptocurrencies. With revenues exceeding 682 million dollars and a net profit nearing 181 million, the American company redefines its role in the fintech landscape. Driving the results is especially trading on cryptocurrencies, which continues to attract a growing number of digital users. According to Statista, interest in digital assets on the platform has increased by 15% in just one year. “` The numbers of the quarter: Robinhood beats expectations on cryptocurrencies  📊 Comparison Q2 2024 vs Q2 2023 Item Q2 2023 Q2 2024 Change Total revenue 487 mln USD 682 mln USD +40% Net profit 106 mln USD 181 mln USD +70% Active crypto users ~10.8 mln estimated ~12.4 mln estimated +15% The platform has far exceeded analysts’ forecasts, which estimated revenues around 621 million. What made the difference was the market volatility in the crypto sector in the first half of the year, which encouraged a greater number of transactions on cryptocurrencies and options. The crypto sector confirms itself as the beating heart of Robinhood’s growth, with volumes and commissions significantly increasing. Over 358 million dollars generated from crypto trading fees Expansion of the user base: +15% in one year Strengthening of the position in the global market thanks to the European acquisition of Bitstamp According to the Crypto Adoption Index by Chainalysis, the global demand for crypto tools is exploding, and Robinhood proves ready to respond. The net profit reached 181 million dollars, with an increase of 70% compared to the previous year. A result favored by greater operational efficiency and the scalability of the business model, as highlighted in the official report available on the Investor Relations Robinhood page. The credit for these results lies in a clear strategy: expanding the offering in the…

---

Filed under: News - @ July 31, 2025 6:28 pm