The Block reported that Robinhood's August crypto trading volume recorded $17.5 billion, a 61% increase compared to the previous month. This figure includes the trading volume of Robinhood's subsidiary, Bitstamp. Bitstamp's trading volume was $10.1 billion. However, it decreased by 38% compared to the same month last year. Robinhood acquired the crypto exchange Bitstamp from Nexon for $200 million in 2024. As of the end of August, Robinhood's total assets were reported to be $384 billion. This is an increase of 8% compared to the end of July and 26% compared to the same period last year.
