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Robinhood’s Crypto Trading Volumes Surpassed $30 billion in November

Tags: revenue
DATE POSTED:December 4, 2024
Robinhood Expands Crypto Trading to EU Markets Despite a 26% Slide in Cryptocurrency Revenue

The post Robinhood’s Crypto Trading Volumes Surpassed $30 billion in November appeared first on Coinpedia Fintech News

In a latest development, Robinhood trading platform reported a significant uptick in Funded Customers, with a growth of over 400 thousand in November. Robinhood’s Assets Under Custody (AUC) also saw a substantial rise, reaching more than $190 billion. This figure represents an increase of over 15% from October 2024 and a year-over-year surge of over 100%. Equity Notional Trading Volumes for November were over $145 billion, while, Crypto Notional Trading Volumes soared, reaching over $30 billion, which is an increase of over 400% from October and a staggering 600% growth year-over-year. 

Tags: revenue