Robinhood’s second-quarter crypto revenue was $31 million, falling 47% from a year ago amid lower trading activity in the crypto market.
- Crypto revenue was in line with the average analyst estimate of $31 million and down 18% from the previous quarter
- In June, Robinhood
announced plans to remove three tokens - Cardano, Polygon and Solana - from its trading platform effective June 27 - NOTE:
Robinhood Shares Slide as Active Users Miss Analyst Estimates
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