Robinhood Says 9.5M Customers Traded Crypto in Q1, Up From 1.7M in Q4

By CoinDesk2 days ago

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Online brokerage app Robinhood said on Thursday that 9.5 million customers traded cryptocurrencies in Q1, up from 1.7 million in Q4.

  • In a blog post titled How Crypto Fits Into Robinhoods Mission, the company also said its crypto team has more than tripled in number this year and continues to increase.
  • Robinhood Crypto offers seven tradable coins: bitcoin (BTC), bitcoin cash (BCH), bitcoin sv (BSV), dogecoin (DOGE), ethereum (ETH), ethereum classic (ETC) and litecoin (LTC).
  • The millennial-friendly investment platform has reportedly confidentially filed for an initial public offering that would include a listing on the Nasdaq.

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