Robinhood (HOOD) has reported a strong first quarter, exceeding revenue expectations. Q1 revenue reached $927 million, a 50% year-over-year increase. Earnings per share jumped 106% to $0.37, and adjusted EBITDA rose 90% to $470 million. A key driver of this growth was cryptocurrency trading. Transaction-based revenue totaled $583 million, with crypto contributing $252 million – a 100% increase compared to Q1 last year. Options trading also performed well, generating $240 million. This positive performance from Robinhood could signal a similarly strong quarter for other crypto exchanges. Market observers are watching closely to see if Coinbase, scheduled to report earnings soon, will reflect the same trend of increased crypto trading activity. ```
