Mmastodon BusinessCrypto first seen 22 h ago, last 22 h ago, peak #9

Robinhood reports $120M crypto revenue in Q3 results

Original: Robinhood's Q3 2026 results show $120M crypto revenue, saved by its Arbitrum-powered Layer 2 generating $26M from $80B D

Robinhood's latest quarterly results showed $120 million in crypto revenue, with a notable boost from its Arbitrum-powered Layer 2 network, which reportedly generated $26 million from $80 billion in DEX trading volume. Commentators say the results suggest fintech brokers are moving away from payment-for-order-flow middleman models toward earning revenue directly on their own blockchain infrastructure as retail brokerage spreads narrow.

Why now: The strong crypto revenue figures and the shift from traditional brokerage models to blockchain-based revenue are new developments investors are reacting to.

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Evidence

• Robinhood's Q3 2026 results show $120M crypto revenue, saved by its Arbitrum-powered Layer 2 generating $26M from $80B DEX volume. Fintechs are shifting from PFOF middlemen to sovereign base-layer rent extractors as retail brokerage spreads decay. # Arbitrum # Layer2 # Crypto 👉… · coinwire

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