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As Of Q1 2021, Robinhood Holds $11.6 Billion Worth Of Cryptocurrencies On Behalf Of Users

Mary Liu

Summary: According to Robinhood's S-1 filing with the U.S. Securities and Exchange Commission (SEC), the value of Bitcoin and other cryptocurrencies held by Robinhood on behalf of its users has increased significantly.  As of March 31, 2021, this figure reached nearly $11.6 billion, much higher than the $480 million a year ago. By Mary Liu

According to Robinhood's S-1 filing with the U.S. Securities and Exchange Commission (SEC), the value of Bitcoin and other cryptocurrencies held by Robinhood on behalf of its users has increased significantly. 

As of March 31, 2021, this figure reached nearly $11.6 billion, much higher than the $480 million a year ago.

By Mary Liu

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Link: As Of Q1 2021, Robinhood Holds $11.6 Billion Worth Of Cryptocurrencies On Behalf Of Users   [Copy]
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