Robinhood Markets Inc. CEO Vlad Tenev stated on Wednesday, July 29, that the firm seeks a "durable" foundation for the cryptocurrency industry in the U.S., and views the Clarity Act as a step toward that goal.

The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.

Robinhood Markets Inc. CEO Vlad Tenev stated on Wednesday, July 29, that the firm seeks a "durable" foundation for the cryptocurrency industry in the U.S., and views the Clarity…