Robinhood | Crypto

Robinhood’s U.K. arm was added to the FCA's list of registered cryptoasset companies as of July 31.

Robinhood generated $156 million from event contracts in a dramatic jump from the same quarter last year.

Bitstamp volume fell 48% from Q1 to Q2, compared with a 25% decline on the Robinhood App. The App metric also began including WonderFi trades in June. The post Why a $20 billion Bitstamp slump makes Robinhood’s retail app look far weaker than it really is appeared first on CryptoSlate.

Robinhood's crypto-related transaction revenue in the fourth quarter of 2024 generated $358 million of the company's $672 million in transaction-based revenue, about 53% of the total. That concentration had flipped by the second quarter of 2026, when crypto revenue fell 38% year over year to $100 million and accounted for just 12.9% of transaction-based revenue. […] The post Robinhood’s crypto revenue plunged 38%, but a sudden explosion in options trading saved its record quarter appeared first on CryptoSlate.

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined. Online brokerage Robinhood posted record second-quarter revenue and earnings, though cryptocurrency transaction revenue fell 38% from a year earlier. According to the company’s earnings report on Wednesday, revenue increased 32% year over year to $1.31 billion, while its net income rose 48% to $573 million. The company reported that cryptocurrency transaction revenue fell to $100 million from about $160 million a year earlier. Separately, it recorded $40 billion in crypto trading volume during the quarter, including $18 billion on the Robinhood app and $22 billion from Bitstamp, the crypto exchange it acquired in June 2025. Read more

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined. [Update 08:55 UTC, July 30: Updates with additional reporting and context.] Online brokerage Robinhood posted record second-quarter revenue and earnings, though cryptocurrency transaction revenue fell 38% from a year earlier. The company said Wednesday in its earnings report that crypto transaction revenue fell to $100 million from about $160 million a year earlier. Overall revenue rose 32% year-over-year to $1.31 billion, while net income increased 48% to $573 million. Transaction-based revenue climbed 44% to $776 million. Read more

While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services. The company behind the cryptocurrency and stock trading app, Robinhood, is reportedly discussing plans to expand its existing prediction markets offering with crypto exchange Crypto.com. According to a Friday Wall Street Journal report citing people familiar with the matter, Robinhood was in talks with Crypto.com to place yes-or-no event contracts supplied by the exchange. The trading company launched its prediction markets hub in March 2025, initially facilitated by Kalshi in order to comply with regulatory requirements from the US Commodity Futures Trading Commission (CFTC), and later using ForecastEx and Rotella.  The reported move came just days after Bernstein analysts raised the firm’s price target on Robinhood (HOOD) stock to $160 from $130 per share, based on the company’s outlook for prediction markets and tokenized equities. The...

A hacker reportedly took over Robinhood CEO Vlad Tenev’s X account to promote a fake “VLAD” memecoin, posting what appeared to be a malicious token contract address. One or more hackers took over Robinhood CEO Vlad Tenev’s X account on Thursday after a post appeared promoting a fake memecoin called “VLAD” and included what appeared to be a malicious token contract address. The post attracted more than 175,000 views in less than 20 minutes before users identified it as a scam and warned others not to interact with the token. Read more

Bitwise predicted that Hyperliquid and Robinhood TradFi ventures should form the basis for a crypto bull-market comeback that would lift Bitcoin and Ether. Bitcoin (BTC) is “finally showing signs of a bottom,” but the next bull market will have a different source. Key points: In a blog post on Wednesday, Matt Hougan, chief investment officer at crypto asset manager Bitwise, revealed his picks for what will “lift” BTC price action going forward. Read more

The brokerage’s blockchain strategy, including tokenized equities and its Arbitrum-based Robinhood Chain, could reduce its reliance on traditional crypto trading, analysts said. Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth will be driven by tokenized equities and prediction markets rather than traditional crypto trading. In a Monday research note, Bernstein raised its price target on Robinhood (HOOD) stock to $160 from $130 per share and maintained its Outperform rating. HOOD stock was last seen trading around $101. The analysts said prediction markets are poised to become Robinhood’s fastest-growing business, forecasting segment revenue to reach $1.7 billion by 2028, representing a 64% compound annual growth rate. Read more

Coinbase is reshaping its Ethereum layer-2 network, Base, around trading, payments and tokenized assets as Robinhood’s new blockchain rapidly gains users and liquidity in many of the same markets. On July 15, Base creator Jesse Pollak acknowledged that the network’s earlier emphasis on social products had allowed it to lose ground in several of crypto’s […] The post Robinhood tackled Coinbase head-on then immediately inherited Base’s biggest problem appeared first on CryptoSlate.

Even Ethereum's critics believe Robinhood Chain is bullish for ETH. Nigel Farage and Donald Trump become embroiled in crypto related scandals, and more. The successful launch of the layer-2 network Robinhood Chain has boosted investor sentiment around Ethereum. The newly launched blockchain uses ETH as its native gas token and around $141 million in ETH has already been bridged to the chain. More than half a million wallets holding ETH are now on the network, which surged past the Ethereum L1 and rival L2 Base over the past 24 hours, with DEX volumes of $877.56 million. The L2 is an offshoot of TradFi trading platform Robinhood, which offers tokenized stocks to customers in 120 countries, further strengthening the EVM-compatible ecosystem. L2s have been seen by many pundits as bearish for Ethereum as they take activity away from the L1 without returning much in the way of transaction fees. However even some former ETH bears are now reassessing that thesis. Influencer Ansem wrote: Mike Dudas from 6th Man Ventu...

More than 70,000 agentic accounts have already been created by Robinhood equities and options traders since late May, when Robinhood launched a beta version of the product. Robinhood said eligible US-based customers will soon be able to connect third-party AI agents to make crypto trades on their behalf, marking the latest expansion in autonomous trading after the company rolled out a similar product to equities and options traders in May. “You can work with an agent to create a strategy with specific guardrails and not need to be constantly monitoring your account,” a Robinhood executive said during a presentation on Friday. Robinhood didn’t set a date for when it would roll out the product to eligible US crypto traders but noted that its UK customers would be next in line to access the offering. Read more

Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain's loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood's own discarded “CashCat” name. The token reached nearly […] The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared first on CryptoSlate.

ETH charts a path toward $2,000 as TradFi adoption, DAT buying and a long-awaited network upgrade boost investor interest. Key takeaways: Ether (ETH) price rallied 15% in five days, distancing itself from the $1,500 low hit on June 26. Part of the improvement in investor sentiment can be pinned to the final tests on Ethereum’s Glamsterdam upgrade, targeted for later in 2026. Moreover, BitMine Immersion Technologies' continued Ether accumulation helped strengthen the support level. Will $2,000 come next? Read more

Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentralized lending products, even as one of its fastest-growing revenue opportunities may be forming outside crypto. On July 1, the brokerage launched the public mainnet for Robinhood Chain at a London event, marking its most direct move […] The post Robinhood’s expanding crypto bet meets a faster-moving prediction market boom appeared first on CryptoSlate.

The crypto protocol dYdX has rebranded as Arcus and is joining Robinhood’s new blockchain to bring perpetual and tokenized stock trading. The company behind the dYdX decentralized exchange (DEX) has partnered with Robinhood to rebrand and launch the protocol as Arcus on the Robinhood Chain. An X account for Arcus posted on Wednesday that “dYdX is now Arcus” and would launch on the Robinhood Chain, Robinhood’s Arbitrum-based layer 2 blockchain that went live the same day. The dYdX Foundation said that dYdX Labs created Arcus “in partnership with Robinhood” and that the dYdX blockchain “is not affected by it in any way.” The platform is set to be blockchain’s “leading DEX” and will give users access to perpetual products and fee-free trading of 95 tokenized stocks. Read more

The company announced a suite of DeFi products, plans for launching crypto trading in the UK and its public mainnet after months of testing. Stock and cryptocurrency trading platform Robinhood announced the launch of its public mainnet about four months after it began testing the network. On Wednesday, the company said Robinhood Chain, a layer 2 (L2) blockchain built on Arbitrum, had officially launched after the network went live on testnet in February. The blockchain, which the company described as “AI-native and purpose-built for real-world assets,” comes amid Robinhood's expansion of crypto- and decentralized finance-related services. According to Robinhood, it plans to launch crypto trading in the UK soon. The company also said that its tokenized stock products were live and available through its wallet app to users in more than 120 countries. CEO Vlad Tenev called tokenized stocks “inevitable” in January, arguing that offering the products could help prevent trading freezes that sometimes occur on tradi...

Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading. Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company said will improve efficiency. CEO Vlad Tenev told staff the company is reducing 10% of its full-time employees as part of “flattening” its org structure, according to a statement on X by Robinhood on Tuesday. In an internal memo, Tenev said the company cannot “default to operating as a heavily-layered organization” if it wants to scale its mission, adding that Robinhood must “continuously raise” its performance bar. Read more

Robinhood’s new IPO underwriter role comes as SpaceX prepares a record-breaking public offering, with retail brokers and crypto-native derivatives platforms racing to shape price discovery and access. Robinhood Securities said it had secured approval to act as an IPO underwriter, moving from a distribution role into the main underwriting group alongside Wall Street banks. Chief executive Vlad Tenev said in a Tuesday X post that Robinhood Securities is “now approved to serve as an underwriter,” without specifying which regulator granted the approval, a process that typically involves oversight from the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Framing the move as the “natural next step” after launching IPO Access in 2021, Tenev said the question in equity capital markets had shifted from “why allocate to retail at all?” to “how big can the allocation be?” Read more