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  • 14 hours ago
Robinhood reports $25B in crypto trading volume and $314B in platform assets as the company expands its banking division.
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00:00It's Benzinga bringing Wall Street to Main Street
00:02Robinhood reported February 2026 operating data as its shares rose during Monday pre-market trading,
00:08according to Benzinga. The company said its brokerage high-yield cash program update shifted
00:14more than $6 billion of cash sweep balances to free credit balances. Crypto-notional trading
00:19volumes totaled $25.0 billion, up 74% year-over-year. Robinhood app volumes were $9.4 billion,
00:27down 35% year-over-year, while Bitstamp volumes reached $15.6 billion.
00:34Total platform assets were $314 billion at the end of February, down 3% from January and up 68%
00:42year-over-year. Net deposits were $5.6 billion in February, representing a 21% annualized growth
00:50rate relative to January platform assets. The company said its new banking division surpassed
00:55$1 billion in deposits from 65,000 funded customers four months after launch.
01:01Shares are down 35.11% year-to-date. For all things money, visit Benzinga.com.
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