CryptoWorld News reports that Robinhood's revenue and trading volume in the first quarter of 2026 decreased by nearly 50%, mainly due to the impact of global events causing uncertainty in the cryptocurrency market. The platform's stock fell 9.33% after failing to meet analysts' revenue expectations. Robinhood's financial report shows that its crypto revenue declined 47% year-over-year, from $252 million to $134 million, a 39% decrease quarter-over-quarter. Additionally, the app's nominal trading volume dropped 48% year-over-year to $24 billion. Nevertheless, Robinhood's total crypto nominal trading volume reached $66 billion, partly thanks to its acquisition of Bistamp in June 2025.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments