BULLISH 55 The Defiant 2H ago · 1 min read

Robinhood Chain Lifts Q3 Crypto Revenue to $120 Million

AI summary

Robinhood's new blockchain network contributed $26 million in its first quarter, helping lift the company's crypto revenue to $120 million and offsetting declines elsewhere in that segment. Company-wide revenue and earnings still missed the MarketBeat consensus, so the crypto strength was a bright spot in an otherwise soft report. Traders will watch whether the chain's contribution keeps scaling as a counterweight to weaker crypto trading activity.

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The Defiant

Narrative history

1 linked story · 2 outlets · since 27 Oct

1H AGO

Robinhood Chain adds $26 million as crypto revenue climbs 20% in Q3

The Block · Score 55 · via $26M, Robinhood Chain
2H AGO

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Robinhood Chain Lifts Q3 Crypto Revenue to $120 Million

The Defiant · Score 55

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