Robinhood Woos Millennials As Crypto-Based Transaction Revenue Spikes 161%
Robinhood Woos Millennials As Crypto-Based Transaction Revenue Spikes 161%
The firm is expected to generate $3.4 billion in revenue in 2025, with millennials contributing significantly to the growth. Cryptocurrency share of the company's Q2 transaction-based revenue jumped to $81 million, up 161% from the year-ago quarter.Robinhood (NASDAQ:HOOD) is making significant strides in the crypto market, with its crypto strategy attracting rich millennials and significantly boosting its revenue.
Robinhood（納斯達克股票代碼：HOOD）在加密市場取得了長足的進步，其加密策略吸引了富有的千禧一代，並顯著增加了其收入。
What Happened: In its stride of taking crypto to its financial center stage, Robinhood enhanced its crypto team, expanded its crypto trading services to the European Union and acquired Bitstamp for $200 million, DL News reported.
發生了什麼：據DL新聞報道，在將加密貨幣推向金融中心舞臺的過程中，Robinhood加強了其加密團隊，將其加密交易服務擴展到了歐盟，並以2億美元的價格收購了Bitstamp。
These efforts could increase Robinhood's operating income to approximately $900 million in 2024, and its market cap to between $19 billion and $23 billion in 2025, according to Bernstein analysts, as reported by DL News. The analysts added that around 60% of Robinhood's assets come from customers under the age of 43.
據DL News報道，伯恩斯坦分析師表示，這些努力可能會使羅賓漢的營業收入在2024年增加到約9億美元，並在2025年將其市值增加到190億美元至230億美元之間。分析師補充說，Robinhood約有60％的資產來自43歲以下的客戶。
The firm is expected to generate $3.4 billion in revenue in 2025, with millennials contributing significantly to the growth. Cryptocurrency share of the company's Q2 transaction-based revenue jumped to $81 million, up 161% from the year-ago quarter.
預計該公司將在2025年創造34億美元的收入，千禧一代爲增長做出了重大貢獻。該公司第二季度基於交易的收入中加密貨幣的份額躍升至8100萬美元，比去年同期增長161％。
"We want to be kind of the on-ramp to the crypto world," said Johann Kerbrat, the general manager of Robinhood's crypto arm.
羅賓漢加密部門總經理約翰·克布拉特說：「我們希望成爲進入加密世界的入口。」
Also Read: Robinhood Reaches $3.9M Settlement With California Over Blocking Cryptocurrency Withdrawals
另請閱讀：Robinhood與加利福尼亞州就阻止加密貨幣提款達成390萬美元的和解協議
Why It Matters: Despite facing potential legal action from the Securities and Exchange Commission over its crypto services, Robinhood remains bullish about its crypto strategy. Its aggressive push in crypto markets is to attract a younger, tech-savvy demographic.
爲何重要：儘管面臨美國證券交易委員會可能就其加密服務提起的法律訴訟，但Robinhood仍然看好其加密戰略。它在加密市場的積極推動是爲了吸引更年輕、精通技術的人群。
In Robinhood's Q2 earnings call, CFO Jason Warnick said that Robinhood could launch new products and services like cryptocurrency lending, which could significantly boost revenue. He added that the platform is not able to allow trading on many coins because of the regulatory environment.
在羅賓漢的第二季度業績電話會議上，首席財務官傑森·沃尼克表示，羅賓漢可能會推出加密貨幣貸款等新產品和服務，這可能會顯著增加收入。他補充說，由於監管環境，該平台無法允許交易許多硬幣。
The demographic, which accounted for about 1% of U.S. household wealth in 2010, now contributes about 10% as Robinhood expanded its offerings of crypto, equity, derivatives, and savings-based products to younger demographics.
該人口在2010年約佔美國家庭財富的1％，隨着Robinhood將其加密貨幣、股票、衍生品和基於儲蓄的產品的產品擴展到年輕人群，現在的貢獻率約爲10％。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步是什麼：Benzinga即將於11月19日舉行的數字資產未來活動預計將全面探討比特幣作爲機構資產類別的影響力。
- Robinhood Analysts See 'Attractive Entry Point' For Investors Following Q2 Earnings: 'We Forecast A Continued Acceleration'
- Robinhood分析師認爲，繼第二季度業績之後，投資者將獲得 「有吸引力的切入點」：「我們預測將繼續加速」
Image: Shutterstock
圖片：Shutterstock
