Robinhood Markets Inc. (NASDAQ:HOOD) has witnessed a notable surge in its cryptocurrency trading volume, experiencing a 75% increase in November compared to October. This surge was accompanied by a substantial $1.4 billion in net asset deposits during the same month. The company made a strategic move by expanding its crypto trading services into the European Union, significantly broadening its exposure to the digital asset class. While Robinhood initially faced a decline in its stock following its third quarter (Q3) results, the narrative quickly shifted as the stock soared by 43% in the past …

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