Robinhood eyes European expansion amid Q3 revenue drop By Cointelegraph

Trading platform Robinhood (NASDAQ:HOOD) has revealed its intentions to expand into Europe in the coming weeks. Theethereum price en usd company is exploring establishing brokerage operations in the United Kingdom. It made this decision known on Tuesday, Nov 7.

The commission-free trading app madethis announcement as it revealed its third-quarter results, indicating a revenue miss. Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform.