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HomeCrypto NewsCryptocurrency Revenue at Robinhood (HOOD) Down 30% Over Last Year

Cryptocurrency Revenue at Robinhood (HOOD) Down 30% Over Last Year

Online trading platform Robinhood (HOOD) reported cryptocurrency trading revenue of $38 million for Q1 2023, a decline of around 30% compared to $54 million for the year-earlier period, according to the company’s earnings results. On a quarterly basis, however, crypto revenue declined just 1%.

www.coindesk.com

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