Robinhood Markets, Inc. has reported substantial growth in its trading activities for May, with equity notional trading volumes surging to $315 billion, reflecting a 75% increase compared to the same month last year. The platform's total assets reached $377 billion, marking a 9% rise from April and a 48% increase year-over-year. Additionally, net deposits for the month amounted to $5.6 billion, demonstrating a 19% annualized growth rate relative to April's figures. The number of funded customers also saw a positive trend, growing to 27.7 million, which is an increase of about 110,000 from the previous month and 1.76 million year-over-year. Trading activity was robust, with average daily volumes hitting $15.8 billion, a 34% month-over-month increase. Options trading remained active with 231 million contracts traded, while crypto trading volumes saw a modest rise, totaling $12.2 billion, although Robinhood's own crypto volumes dropped significantly compared to last year.