Robinhood Markets reports significant growth in October 2024 metrics, with notable increases in funded customers, assets under custody, and trading volumes across various sectors. Key highlights include:
* Funded customers reached 24.4 million, up from September's total by approximately 90,000
* Assets Under Custody (AUC) increased to $159.7 billion, a 5% rise from September and 89% year-over-year growth
* Net deposits for October totaled $5.2 billion, translating to a 41% annualized growth rate from the previous month's AUC
Source: https://Blockchain.News/news/robinhood-markets-reports-significant-growth-october-2024