Skirockets 700% Adid Bitcoin Boom

Slave He reported a stunning 400% increase in the cratted trafficking in the fourth quarter, reaching $ 70 billion, because retail investors flew back to digital property in the middle of Bitcoin (Btc) Rally past $ 100,000 and restored enthusiasm for the broader crypto market.

Total income based on mediation in the amount on the transaction more than the doubled year, climbing 200% to 672 million dollars. Crypt trading income played a dominant role in this growth, collecting 700% to 358 million dollars, while capital trading income rose 144% to $ 61 million.

TOTAL ROBINSTS fourth quarter Revenue reached 1.01 billion dollars. The firm reported diluted earnings of $ 1.01 per share in the fourth quarter, a sharp increase of $ 0.03 per share annually.

Cripto returns after the slow year

The crypto trading activity of the wobat constantly declined through most 2024, and the volume of $ 36 billion in the first quarter to only $ 14.4 billion in the third.

The sharp leap in the fourth quarter coincided with the wider market, stimulated by Bitcoin’s appreciation of the price, increased institutional adoption and guessing around regulatory clarity in the United States.

In addition to market swing, Robbhood is deserving to spread the product for a strong quarter. The company added seven new crypto on his American platform, to eat Etherum (El) Putting for European users and announced plans to start futures trading for Bitcoin, oil and gold.

The company has yet to be obliged to hold Bitcoin as a corporate reserve, although the CEO Vlad Tenev recognized internal discussions about it in December.

Press for a clearer regulation

Tenev, a vocal proponent The CRIPTO adoption, advocated more clearly regulatory guidelines in the United States. In Washington Post OP-ED lasted last month, he called on the Securities and Exchange Commission (SEC) to establish clear rules that allow early-fantastic actions to tokenize capital.

He advocated for regulatory reforms to democratize access to private market investments through tokenization. He pointed out that many high growth companies choose to remain private, limiting investment opportunities at a selected group rich investors.

Tenev claimed that Private capital tokenization via Blokchain technologyRetail investors could get early access to these companies, reducing so barriers during the necessary disclosures and investor protection.

Beiond Cripto, Robbyity aggressively expands its products offers. In 2024. The company launched a new platform for active traders, introduced Gold Card Robinhood, and expanded its financial services in the UK and the EU.

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