Robinhood (HOOD) reported select monthly operating data for August. Funded customers at the end of August were 26.7M. In August, funded customers growth was offset by the impact of required escheatment of approximately 180 thousand low-balance accounts. Total platform assets at the end of August were $304B. Net deposits were $4.8B in August, or a 19% annualized growth rate relative to July total platform assets. Over the last twelve months, net deposits were $61.6B, or an annual growth rate of 43% relative to August 2024 total platform assets. Equity notional trading volumes were $199.2B. Options contracts traded were 195.5M. Robinhood app crypto notional trading volumes were $13.7B. Bitstamp exchange crypto notional trading volumes were $14.4B. Margin balances at the end of August were $12.5B. Total cash sweep balances at the end of August were $34.1B. Total securities lending revenue in August was $53M.
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