Crypto trading on Robinhood is gaining steam again as the American brokerage revealed a volume surge of 75% month-over-month in November. The figure followed a series of consecutive quarters during which Robinhood experienced a plunge in crypto trading. According to the latest Form 8-K filing, customers' net deposits on the platform surged to $1.4b last month.
"Meanwhile, Robinhood is now eying on international expansions. It aims to launch services in the United Kingdom next year, with additional expansion of crypto trading operations in the European Union in the pipeline."