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Robinhood (HOOD) has reported a strong Q2 performance, with transaction-based revenue soaring 65% year-over-year. The platform’s growth was fueled by surges in equities, options, and crypto trading, alongside its recent acquisition of Bitstamp.
- Robinhood's Q2 revenue surged 65% YoY, driven by equities, options, and crypto trading.
- The $200M Bitstamp acquisition nearly doubled crypto revenue, signaling expansion in digital assets.
- Analysts link meme-stock resurgence to record retail engagement, boosting Robinhood's market cap.
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