- In the recent Financial Results, Robinhood’s kripto transaction revenue fell 12% from its previous quarter.
- The trading platform further an overall net loss of $175 Million.
On November 02, 2022, Robinhood, released its Third Quarter 2022 results. In the Robinhood reports, the total net revenue increased 14% sequentially to $361 Million, while transaction-based revenues increased 3% sequentially to $208 Million.
Source: https://www.thecoinrepublic.com/2022/11/03/it-seems-like-crypto-winter-affected-financial-result-of-robinhood/