Robinhood’s User Base Exceeds 24 Million, Deposits Reach $5.2 Billion
The trading platform Robinhood has experienced remarkable growth across all key metrics. In October, there was a notable surge in trading volume as well as customer assets under management. Robinhood reported an increase in trading volumes and customer growth during this period. The company’s stock trading volume rose by an impressive 48%, reaching $126.4 billion. Meanwhile, the cryptocurrency market expanded by 51%, totaling $5.6 billion in September.