Robinhood's crypto revenue doubled in Q1

Odaily News Robinhood released its first quarter 2025 financial report, with quarterly cryptocurrency trading revenue reaching $252 million, a year-on-year increase of 100%, but down from $358 million in the fourth quarter of 2024. Crypto trading volume in the same period was $46 billion, down from $70 billion in the previous quarter. The total volume of crypto trading in 2024 was $141 billion, mainly driven by a surge in the fourth quarter. The company's revenue increased 50% year-on-year to $927 million, and diluted earnings per share were $0.37, a year-on-year increase of 10%.