{"id":24620,"date":"2025-05-01T03:31:53","date_gmt":"2025-05-01T03:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24620"},"modified":"2025-05-01T03:31:53","modified_gmt":"2025-05-01T03:31:53","slug":"robinhoods-30-crypto-revenue-plunge-vlad-tenev-looking-to-diversify-wants-platform-less-reliant-on-transaction-volumes","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24620","title":{"rendered":"Robinhood&#8217;s 30% Crypto Revenue Plunge: Vlad Tenev Looking To Diversify, Wants Platform &#8216;Less Reliant&#8217; On Transaction Volumes"},"content":{"rendered":"<div>\n<p><strong>Robinhood Markets Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HOOD#NASDAQ\">HOOD<\/a>) reported a marked decline in its cryptocurrency revenue in the first quarter as compressed prices hampered trading activity.<\/p>\n<p><strong>What happened: <\/strong>The commission-free trading platform released its quarterly <a href=\"https:\/\/in.benzinga.com\/news\/earnings\/25\/02\/43676276\/robinhood-q4-earnings-highlights-record-revenue-eps-beat-analyst-estimates-crypto-revenue-up-700\">financials <\/a>after Wednesday\u2019s market close and disclosed a cryptocurrency notional trading volume of $252 million, up 100% year-over-year but <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43682382\/robinhood-ceo-vlad-tenev-reveals-what-hes-most-excited-about-as-crypto-revenue-skyrockets-8x-stock-surges-15-after-hours\">down 30%<\/a> from the previous record quarter.<\/p>\n<p>The cryptocurrency revenue was over 43% of Robinhood&#8217;s total transaction-based revenue for the quarter.<\/p>\n<p>The firm also revealed a cryptocurrency notional trading of $46 billion, up 28% from the same quarter last year but down 35% from the fourth quarter of 2024.<\/p>\n<p><strong>See Also:<\/strong><a href=\"https:\/\/www.benzinga.com\/25\/04\/44621245\/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock\"><strong> <\/strong><\/a><a href=\"https:\/\/www.benzinga.com\/25\/04\/45091619\/paypal-says-its-moving-quickly-on-crypto-stablecoinfintech-giant-partners-with-coinbase-to-boost-pyusd\"><strong>PayPal CEO Says \u2018Moving Quickly\u2019 To Bring &#8230;<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/earnings\/25\/04\/45124821\/robinhoods-30-crypto-revenue-plunge-vlad-tenev-looking-to-diversify-wants-platform-less-reliant-on-\" alt=\"Robinhood's\" crypto revenue plunge: vlad tenev looking to diversify wants platform reliant on transaction volumes>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood Markets Inc. (NASDAQ:HOOD) reported a marked decline in its cryptocurrency revenue in the first quarter as compressed prices hampered trading activity. What happened: The commission-free trading platform released its quarterly financials after Wednesday\u2019s market close and disclosed a cryptocurrency notional trading volume of $252 million, up 100% year-over-year but down 30% from the previous [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24620","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24620"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24620\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}