Robinhood Crypto COO Reportedly Exits Amid Sharp Decline in Crypto Revenue
Robinhood Crypto COO Reportedly Exits Amid Sharp Decline in Crypto Revenue Chief Operating Officer of Robinhood Crypto, T. Denisova, is reportedly leaving the company after more than five years. The departure comes as Robinhood faces slowing crypto activity. In Q1, the company missed earnings and revenue expectations, with crypto-related revenue falling 47% YoY to $134M, down from $252M a year earlier. Robinhood has been working to reduce its dependence on crypto market cycles by expanding its financial services offerings, including retirement accounts, cash management, and investment prod…
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