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Robinhood reports July total platform assets $298B

Robinhood (HOOD) reported select monthly operating data for July. funded customers at the end of July were 26.7M. Total platform assets at the end of July were $298B. Net deposits were $6.4B in July, or a 28% annualized growth rate relative to June total platform assets. Over the last twelve months, net deposits were $60.1B, or an annual growth rate of 42% relative to July 2024 total platform assets. Equity notional trading volumes were $209.1B. Options contracts traded were 195.8M. Robinhood app crypto notional trading volumes were $16.8B.

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