Robinhood Crypto Revenue Jumps 339% in Q3 2024, Beats Earnings Estimates

Robinhood Markets reported explosive growth in its cryptocurrency trading division, with Q3 2024 revenue surging 339% year-over-year. The trading platform significantly exceeded Wall Street earnings expectations, driven by increased crypto trading volume and user engagement. This performance highlights Robinhood's expanding position in the digital asset market amid growing retail investor interest in cryptocurrency trading.