Robinhood Cashes In on Crypto Surge—Smashing Q1 Forecasts
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Wall Street’s favorite rebel app just turned crypto volatility into a revenue rocket. While traditional brokers clutch their pearls, Robinhood’s gamble on digital assets paid off—big time.
Here’s how they did it: transaction-based crypto revenue surged 232% year-over-year, propping up their entire earnings report. The ’dumb money’ platform now handles more Bitcoin volume than some regulated exchanges.
Bonus jab: Nothing solves regulatory scrutiny like posting profits—ask any bank that survived the 2008 crisis.
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