Crypto exchange Bitstamp flips Robinhood’s crypto volumes in August
Less than three months after being acquired by Robinhood, crypto exchange Bitstamp has surpassed its parent platform’s crypto trading volumes, recording a 21% rise in August to $14.4 billion. According to a company report from Robinhood on Thursday, Robinhood’s nominal crypto volumes fell 18% in August compared to July, reaching only $13.7 billion.Data shows this volume had been trending down for Robinhood since November 2024, when it registered a record quarter, but ticked up in July before slu...
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