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Fortune
Fortune
Ben Weiss

Robinhood to launch crypto trading in EU even as cryptocurrency revenue slides almost 26% from last quarter

(Credit: David Paul Morris—Bloomberg via Getty Images)

Robinhood, the popular online stock brokerage perhaps best known for its role in the memestock craze of early 2021, announced in its third-quarter earnings report on Tuesday that it plans to launch crypto trading in the European Union "in the coming weeks."

“Looking ahead, we remain focused on providing industry-leading products that serve far more of customers’ financial needs, gaining market share, expanding internationally, and continuing to change the industry for the better,” Vlad Tenev, CEO and cofounder, said in a statement.

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