Robinhood wins K1 estimates despite income, Cripto Trading DIP

The Robinhood’s trading still managed to beat the valve street estimates, because its income from the first quarter and its crypto trading volume was cooled from record high in K4.

RESULTS K1 ROBINHOOD divided 30. April revenues dropped by 8.6% of the previous quarter to $ 927 million, overflow analyst Zacks estimates by 3.16%.

CRIPTO company income fell almost 30% quarter in a quarter of $ 252 million from the company Setup track K4 2024.

The fall can be partially credited Tariffs Trumps Administration, which has activated 18% drop in the crypto market cap during the quarter.

The volume of crypto trading also fell by 35% compared to the fourth quarter of 2024. year, which attributed 10% to trade in customers, and 27% fall on average volume on average annual scope.

Director of Robinva Vladimir Tenev said At the earnings, it will call that the crypto trading trading continues to fluctuate, but the company is more focused on capturing as much market share as possible.

Despite the fall of the last quarter, Robbhood Cripto income It increased 100% of the same quarter a year ago, while the volume of trading jumped 28% in the same period.

The firm also added $ 500 million to now 1.5 billion dollars Redemption Authorization Program, Directed to reinforce the value of shareholders and trust in the financial health of the company. The company so far bought shares worth $ 667 million.

The shares in birth (hoods) increased by 1.51% in trade during 30. April 49.85, because the company has revealed its K1 results, Google Finance data It shows.

Tenev said Roby’s $ 200 million is procurement of $ 200 million Bitstamp Cripto Exchange It still appears to experience regulatory approval in mid-2025. years, which would allow him to serve institutional investors in the United States.

Regulatory pressure also relieves births in K1 after securities commission and exchange closed his investigation In the CRIPTO business of the company 21. February.

Cripto tokenization remains a key focus for Robby

Tenev said that Roby’s still investigates Integration of crypto tokenization to the services of the company.

The tokenization of private capital is the “huge unlock” and for individuals and companies that can solve many problems in market transactions, he said.

Related: Ripple $ 4B- $ 5b offer for the purchase of a circle rejected – Report

“I think it will unlock the tone of economic value for the crypto industry in the United States,” Tenev said.

The director of the loaves previously said that CRIPTO tokenization could invest in investors to buy tokenized actions in private companies such as Openai and Spaceks within minutes.

“It was a kind of our basic policy in Washington when it comes to Cripto,” Tenev said.

Journal: ZK resistors unlock trilion in Bitcoin for Defi – Bitcoinos and Starknet