The world-famous investment platform Robinhood shared its financial reports for the third quarter. The CEO of the company, which reported a quarter-on-quarter decline in crypto revenues, said that they will continue to invest in crypto despite this.
Robinhood 2 November on the official website 2022 third quarter released its financial reports. Crypto transaction revenues compared to last quarter %12 The institution that showed a decrease in incomes is related to progress in this area. that it does not affect their motivation underlined.
company in the third quarter Earnings before interest, depreciation, tax (EBITDA) 47 million dollar declared as. Analysts $48 million damage your expectations pretty much explaining the snow company last quarter $80 million damage had explained.
Institution’s general transaction income compared to the previous quarter 3% by increasing 202 million from dollars 208 million crypto transaction revenues rise to dollar %12 in decline 51 million fell to the dollar. Net revenues are compared to the second quarter. 14% soaring 361 million declared in dollars.
company CEO Vladimir Tenev In a press release after the release of the financial reports, he stated that they will continue to develop their activities in the crypto space. CEO, on September 27 10,000 people it offers digital asset wallet in the coming months international to use He said they are ready to present.
Tenev is also talking about NFTs, NFTs on the platform. view and keep a feature in the near future integrated they will told. your customers swap and trade what they can do expansion of asset range for adding more blockchains Expressing that they want to, Tenev stated that a few more cryptocurrencies were listed on the platform in the third quarter. Cryptocurrencies after rigorous scrutiny Noting that it was decided to be listed, the CEO said that this attitude move a little slower means but customers can change the attitude of the institution. understand and appreciate He said he hoped.