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Robinhood Shares Slide on 34% Decrease in Crypto Revenue

Retail brokerage Robinhood’s business has gotten a boost from prediction markets, though its crypto trading revenue fell in Q1.

Robinhood reported its smallest quarterly profit in a year on Tuesday, highlighting the retail brokerage’s lingering exposure to retail traders whose engagement has shown signs of cooling alongside a sharp downturn in cryptocurrency prices.
The compa… [2563 chars]

Source: Decrypt | Published: 2026-04-28T20:26:00Z

Credit: Decrypt

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