Feb 12 (Reuters) - Trading platform Robinhood

reported a surge in fourth-quarter profit on Wednesday, fueled

by frenetic activity in equity and crypto markets following

Donald Trump's presidential election victory.

Robinhood's transaction-based revenue, or income generated

from fees for facilitating trading in options, cryptocurrency

and equities, in the quarter jumped 236% to $672 million from a

year earlier.

Nearly half of those gains came from a 700% rise in

revenue related to crypto trading as bitcoin continued its rapid

march towards the $100,000 mark during the quarter on hopes of

favorable policies under the new Trump administration.

The Menlo Park, California-based company reported a

profit of $916 million, or $1.01 per share, in the three months

ended Dec. 31. That compares with $30 million, or 3 cents per

share, a year earlier.

(Reporting by Jaiveer Singh Shekhawat and Manya Saini in

Bengaluru; Editing by Anil D'Silva)