Shashank is founder at yMedia. He ventured into crypto in 2013 and is an ETH maximalist.
Image: Shutterstock
In its third-quarter results for 2022, Robinhood highlighted that its crypto assets revenue was lagging. However, its CEO says this won’t dampen the company’s ambition to serve the market.
On November 2, the trading platform announced its third-quarter results, with Robinhood executives attributing a 12 percent decrease in monthly active users (MAU), calculated quarter on quarter and a 24 percent quarter-on-quarter drop in notional volume to a 12 percent fall in crypto revenue, reaching $51 million.
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