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Robinhood Q2 crypto revenue surges 161% on rising trading volume

Online brokerage platform Robinhood’s crypto transaction-based revenues increased 161% year-on-year to $81 million in the second quarter amid a rise in trading volume. The $21.5 billion in trading volume was a 137% increase from Q2, 2023, but a 40% fall from the Q1, 2024, the trading firm revealed in its Q2 financial statement on Aug. 7.

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