Robinhood Chain Exceeds $42 Million in Revenue Just 70 Days Post-Launch

Ridgewood-based fintech firm Robinhood Chain has achieved significant revenue milestones just 70 days after its mainnet launch. According to a report by Wu Blockchain, citing data from Arkham, Robinhood Chain recorded around $42.58 million in cumulative revenue during this period.

The average daily revenue came in at approximately $608,000, indicating steady fee income since the chain's earliest days of operation. Notably, about 90% of the total revenue accrued to Robinhood Chain itself, specifically around $38.32 million. The remaining 10%, amounting to approximately $4.26 million, was allocated to Arbitrum, the technology provider.