The encryption revenue grows 100 % on an annual basis

While TENEV and Warnick had a lot to say about the performance of the brokerage platform in the first quarter of 2025, it was the most prominent of the coding revenues between January and April.

According to what was reported, encryption revenues doubled to $ 252 million, which represents an annual increase (YO). In the same tone, encryption trading volumes amounted to $ 46 billion, an increase of 28 % on an annual basis.

These are noticeable exploits that gave fierce competition from central stock exchanges such as Binance and Coinbase.

“We started the year strongly with the growth of YOY revenues by 50 % and the growth of 106 % of the arrow’s profit, along with the management of disciplined expenses. We are also strongly returning the capital with the re -purchase scope, indicating confidence in our long -term growth,” He said Wrnik.

maybe The last step by the United States to drop the investigation of Robinhood has exacerbated the financial traction. Although it was notified of the wells in May 2024 against the platform, the securities organizer concluded the investigation without penalties.

Robinhood shares strategic and operational points

In addition to the financial traction, the Q1 profits of Robinhood revealed the innovation of accelerating products on various models, including RobinHood strategies, banking services and dandruff. According to TENEV, customers prepared to platform offers, adding credibility to the prominent Q1 revenues in the platform.

“… clients responded with clear deposits for standard breaking, gold subscriptions, and trading volume in all asset categories,” TENEV edited.

Among the innovations presented, which includes strategic and operational highlights, is an acquisition of the pipeline, is expected to be closed in mid -2015. Beincrypto recently reported the details of the acquisition, indicating a deal worth $ 200 million.

The acquisition comes as Robinhood is looking to enhance encryption services. BITSTAP brings more than 50 licenses and active records all over the world. With this, Robinhood will merge An institutional work with a good reputation in its ecological system.

Besides the acquisition of Bitstamp, Robinhood is also working on global expansion in the United Kingdom and the European Union, where she placed itself as a fierce competitor in the encryption space.

Robinhood also creates innovation with prediction markets like Kalshi and Advanced Trader Tools, and take advantage of the increasing demand for various encryption offers. According to what was reported, the prediction market was circulated by more than a billion contracts in the event in six months.

With 25.8 million funded clients and $ 221 billion in the assets of platforms, Robinhood has become a financial center for users who have codified cunning.

Despite the bullish developments, the Hood icon of Robinhood has increased by only 1 % in the past 24 hours. As of the writing of these lines, it was traded for $ 0.00003370 on Excination Mexc for Usdt Stablecoin.