
In the first half of 2021, amidst a flurry of enthusiasm for meme stocks that briefly inflated Robinhood Markets Inc.'s (HOOD) revenues to considerable peaks, traders were drawn to the online brokerage platform. Crypto became one of Robinhood’s most lucrative verticals.
Concurrently, the company has been exploring growth strategies in Europe as it confronts strenuous scrutiny and increased regulatory pressure stateside.