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Robinhood shares pop after reporting 700% surge in crypto transaction revenue: CNBC Crypto World

Summary by CNBC
On today's episode of CNBC Crypto World, bitcoin slides to the $95,000 level. Shares of trading platform Robinhood pop after reporting its 2024 Q4 earnings, revealing a surge in crypto transaction revenue. Also, Kevin Lehtiniitty of Borderless.xyz discusses U.S. regulatory developments around stablecoins.

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CNBCCNBC

Robinhood shares pop after reporting 700% surge in crypto transaction revenue: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin slides to the $95,000 level. Shares of trading platform Robinhood pop after reporting its 2024 Q4 earnings, revealing a surge in crypto transaction revenue. Also, Kevin Lehtiniitty of Borderless.xyz discusses U.S. regulatory developments around stablecoins.

·United States
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Investor's Business DailyInvestor's Business Daily

Robinhood Stock Soars As Trump Crypto Rally Fuels Earnings Explosion

The upstart broker delivered huge earnings growth — and first annual profit. The post Robinhood Stock Soars As Trump Crypto Rally Fuels Earnings Explosion appeared first on Investor's Business Daily.

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BloombergBloomberg

Robinhood Revenue Doubles, Fueled by Surge in Crypto Trading

Robinhood Markets Inc. reported revenue that more than doubled as the online trading firm was buoyed by crypto-market transactions around the US presidential election.

·United States
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The Daily HodlThe Daily Hodl

Robinhood Crypto Sees 8X Jump in Crypto Trading Revenues in Q4 2024, Putting Pressure on Coinbase: Report - The Daily Hodl

Robinhood’s crypto trading division reportedly saw an eight-fold leap in revenue generated from digital asset transactions in the final quarter of last year. According to a new Robinhood investment report, the trading app giant saw a 200% year-over-year increase in transaction-based revenues, largely due to crypto. “Total net revenues increased 115% year-over-year to $1.01 billion. Transaction-based revenues increased over 200% year-over-year to…

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Tron Weekly JournalTron Weekly Journal

Robinhood's Profit Explosion: How Crypto Boosted Q4 To $1 Billion

Key Takeaways: Robinhood reported record Q4 2024 revenue of $1.01 billion, driven by cryptocurrency growth. Net income soared over tenfold year-over-year to $916 million, marking five consecutive quarters of profitability. Crypto trading revenues surged 700%, contributing $358 million to the quarterly earnings. Robinhood truly exceeded expectations with its fourth-quarter earnings for 2024, hitting an impressive milestone of $1.01 billion in re…

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CryptoPotatoCryptoPotato

Crypto Boom Boosts Robinhood's Revenue by Over 700% in Q4 2024

Robinhood Markets saw its revenue more than double in the fourth quarter of 2024. This was fueled by a surge in cryptocurrency trading owing to the favorable US presidential election. The company reported $1.01 billion in revenue, which surpassed analysts’ projections of $940.8 million. Robinhood Doubles Revenue in Q4 2024 Crypto trading played a significant role as revenue in this category increased by more than 700% to $358 million, according …

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Bloomberg broke the news in United States on Wednesday, February 12, 2025.
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