Robinhood Markets Inc. reports a staggering Q1 profit of $157 million, marking a remarkable turnaround from last year’s $511 million loss. The Q1 performance of the company exceeds the expectations of Wall Street, as the net revenues rose 40% to  $618 million. A surge of 232% is seen in the crypto revenue, reaching $126 million, contributing to a significant increase. Additionally, crypto assets under custody experienced a hike, reaching $26 billion, up 78% from 2023. However, increased SEC security over crypto regulations poses a challenge amidst Robinhood’s success.

Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0

CFN Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed