Mobile trading application Robinhood announced that its income from cryptocurrency transactions has increased.
According to the statement made by Robinhood, the company’s revenue from cryptocurrency transactions increased by 10% in the last quarter of last year compared to the previous year. for 43 million dollars output.
This, 33.5 billion dollars In terms of Coinbase, the cryptocurrency exchange with market value positive results can give birth. Trading volume, Coinbase Important factors affecting income It is among.
Robinhood reported that the volume of cryptocurrency transactions made on the platform compared to the previous quarter grew by 89% he stated. This means that customers higher volume resulted from his transactions.
Coinbase’s annual report Thursday statement is awaited. The company’s shares rose after the stock markets closed the other day. gained value.
Robinhood, which has recently expanded into the European market, aims to increase its share in the international cryptocurrency market.