The trading platform in Robinhood from Crypto Crypto increased by 98 % on an annual basis to $ 160 million in the second quarter, as CEO Vlad Tinif multiplied plans to lead the real world asset icon market in the United States and abroad.

Robenol said in his profit statement on Wednesday that the total net revenue increased by 45 % year on year to $ 989 million, while net income increased by 105 % to $ 386 million.

Although Wall Street’s expectations are overcome, the company’s shares have ranked a little in post -working hours.

The encryption volumes also increased by 32 % in the quarter to 28 billion dollars, as the ceiling of the encryption market increased by 21.7 % to $ 3.36 trillion.

Robinhood wants to distinguish the hard -to -reach alternative assets

The CEO, after Robenol at late last month, said the largest innovation in our industry in the past decade.

Tinif said the main focus of Robenol in the American market is to distinguish alternative assets that could not have been reached before. “

“Private markets and related assets in the real world are opportunities that are not yet exist,” and “we are working with the organizers to make this possible.”

TENEV was referring to everything from private stocks and investment capital funds to real estate that are usually banned from retailers due to organizational barriers and liquidity.

This comes nearly two months after the $ 200 million Robinhood for Crypto Exchange Bitstamp, which is scheduled to play a pivotal role in the company’s distinctive code strategy.

Robinhood’s distinctive symbol offers raised legal concerns

TENEV said it has witnessed strong interest from developers who want to distinguish the company’s assets on Robinhood since the unveiling of the distinguished symbol strategy at Cannes Festival, France, late last month:

“Since we talked, we have a lot and a lot of calls from developers either want to distinguish the shares of their private companies or jump in another way on the symbol of the asset revolution in the real world and partnership with us.”

Robinhood has already released special stock symbols in Europe similar to Openai and Spacex shares.

However, the recently distinguished symbol offers have caused a legal investigation in Lithuania, while Openai warned that the distinctive symbol of Robinhood is not like actual fairness in the company.

The CEO argues that Robinhood is more prepared for the distinctive symbol

When asked how to outperform Robinhood’s distinctive symbol, TENEV referred to the 25 million US users in the company and trillion dollars in assets they already keep under reservation.

“[That] “It will be very difficult for others to repeat it,” Tinif said, noting that any of the rivals of Robenol or the original companies in Blockchain “follow this really specific opportunity.”

“There are a lot of chains that want to build the best series for Degen merchants, but I think the opportunity for assets in the real world and the unique characteristics they have […] I don’t think anyone else is dealing with it directly. “

Related to: Etoro for the code of 100 American stocks more popular on Ethereum

While the TENEV comments were directed to Layer 2S, ETHEREUM continues to control the distinguished code for encryption, where he got nearly $ 7 billion of real assets, RWA.XYZ.

Ethereum Layer 2 ZKSYNC ERA is second with $ 2.4 billion, which represents approximately 19 % market share.

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