Google search trends show that interest in crypto currencies has quadrupled since the end of 2020.
The number of crypto currency users registering on the online stock market platform Robinhood has increased fivefold this year, amid the frantic rise of GameStop shares.
According to a post on Robinhood’s blog, the number of users has grown to an average of 3 million per month this year from around 200,000 per month last year.
According to CoinDesk, Google search trends show that interest in crypto currencies has quadrupled since the end of 2020. The total annual number of crypto currency users registered on the Robinhood platform now stands at over six million.
The new registrations came as Robinhood was accused of arbitrarily restricting trading in stocks such as GameStop last month following frantic purchases by a group of small investors on the Reddit platform.
Robinhood has begun allowing small investors to transfer their crypto currencies to and from the platform, which previously only allowed users to buy and sell digital currencies.