According to CoinMeta, in its latest quarterly report, Robinhood stated that although its overall revenue reached a new high of $1.31 billion, with net revenue increasing by 48% to $573 million, its cryptocurrency trading revenue decreased by 38% year-on-year to $100 million. The company mentioned in the report that the quarterly volume of crypto transactions amounted to $40 billion, of which $18 billion came from Robinhood's platform and $22 billion came from the Bitstamp exchange it acquired. Robinhood also continued to expand its digital assets business by launching the public mainnet of Robinhood Chain and offering tokenized U.S. stocks to qualified users in over 120 countries.