Robinhood, virtual asset trading revenue jumps 98% in Q2

Suehyeon Lee

Summary

Robinhood’s Q2 virtual asset trading revenue soared 98% year-on-year, reaching $160 million.
During the same period, virtual asset trading volume also increased by 32%, totaling $28 billion.
Chairman Vlad Tenev highlighted that the launch of tokenization technology in Q2 was a major achievement.

Robinhood’s virtual asset (cryptocurrency) trading revenue for the second quarter this year showed clear growth.

According to The Block on the 30th (local time), Robinhood’s virtual asset trading volume for the second quarter this year increased by 32% year-on-year to $28 billion, and trading revenue soared by 98% to reach $160 million.

Vlad Tenev, Robinhood’s chairman, commented, "We delivered strong business results in Q2, and especially launched tokenization," emphasizing, "This is the most innovative technology to come out of the industry in the past decade."

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

Robinhood, virtual asset trading revenue jumps 98% in Q2

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