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Operator: Good day and thank you for standing by. Welcome to Robinhood Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The US-based crypto-friendly stock trading platform recorded an 18% decline in its crypto trading revenue in the second quarter of 2023.
HOOD earnings call for the period ending June 30, 2023.
The drop comes amid Robinhood’s decision to discontinue support for certain tokens, which were identified as securities by the SEC.
Jordan Sinclair has been appointed by New York-listed Robinhood Markets to oversee its long-delayed launch into the British market, Sky News learns.