Robinhood’s Crypto Trading Revenues Experience Ongoing Decline in Q3

In the third quarter of 2023, Robinhood, the popular investing app, has continued to witness a substantial drop in its cryptocurrency trading revenue, marking a continuation of the trend observed throughout the year. The company’s transaction-based revenues on cryptocurrencies fell to $23 million, reflecting a notable 55% decrease from the previous quarter.· For the full story, head over to TheCurrencyAnalytics.com.