Robinhood Goes Big on Crypto! Revenue Surge by 100%

Robinhood is making its boldest move yet in the cryptocurrency space. 

The popular trading platform has reported nearly double the crypto revenue in the second quarter of 2025, reflecting growing investor interest and a strong push into real-world asset tokenization. 

With a renewed focus on crypto innovation and global expansion, Robinhood Exchange is emerging as a serious contender in the blockchain economy.

Robinhood’s Crypto Revenue Nearly Doubles

In its latest earnings report, Robinhood announced a 98% year-over-year increase in crypto revenue, reaching $160 million in the second quarter of 2025. 

This figure marks a significant boost for the company’s crypto business, which continues to benefit from broader interest in digital assets.

Crypto trading volume also climbed, rising 32% to $28 billion over the same period, while the global cryptocurrency market cap expanded to $3.36 trillion, reflecting renewed optimism across the sector.

The company’s total net revenue increased by 45% to $989 million, while net income more than doubled to $386 million. 

Although Robinhood beat Wall Street expectations, its stock price saw a minor pullback in after-hours trading, likely due to cautious investor reactions to ongoing legal and regulatory developments.

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Tokenization: Robinhood’s Next Big Bet

Robinhood’s CEO Vladimir Tenev is placing a strong emphasis on asset tokenization as the platform’s next phase of growth. 

Tenev described tokenization as “the biggest innovation our industry has seen in the past decade,” and confirmed that the company is actively working with regulators to unlock access to traditionally illiquid markets.

Tokenization refers to converting ownership rights of real-world assets, such as private equity, real estate, and venture capital funds, into digital tokens on a blockchain. These tokens can be more easily traded and accessed, opening up new investment opportunities for retail users.

To support this vision, Robinhood recently launched Robinhood Chain, a blockchain network focused on tokenized trading in Europe. The company has already started issuing private equity tokens that resemble well-known entities like OpenAI and SpaceX.

Read also: Institutional Ethereum Surge: Corporations Now Own 1% of ETH Supply

Bitstamp Acquisition and Developer Interest

Robinhood’s $200 million acquisition of Bitstamp, one of the oldest crypto exchanges, is another strategic step in strengthening its crypto and tokenization services. 

This acquisition is expected to play a central role in supporting Robinhood’s infrastructure for tokenized assets and broadening its international reach.

According to Tenev, interest from developers and companies eager to tokenize assets on Robinhood has surged. 

Since revealing the company’s tokenization plans at a recent event in Cannes, the CEO noted a wave of inquiries from firms wanting to tokenize shares and collaborate on real-world asset projects.

Read also: Firm Buys 21K BTC Post-$2.5B IPO: Impact on BTC & Crypto Stocks

Legal Concerns and Platform Differentiation

Despite the strong momentum, Robinhood’s tokenization efforts are facing regulatory scrutiny. Authorities in Lithuania have opened a legal inquiry, and OpenAI has distanced itself from Robinhood’s “OpenAI token,” stating it does not represent actual equity in the company.

Still, Tenev remains confident in Robinhood’s ability to scale its tokenization offerings. He pointed to the platform’s existing 25 million US users and $1 trillion in assets under custody as advantages that set it apart from both traditional exchanges and blockchain-native competitors.

Unlike many blockchains focused on speculative trading, Robinhood is targeting real-world financial applications, believing that no other player is currently addressing this opportunity at the same scale.

Read also: PayPal Stock Sinks Nearly 10% Despite Beating Q2 Earnings Expectations

Ethereum Still Leads in Tokenization

While Robinhood ramps up its own blockchain plans, Ethereum continues to lead the crypto tokenization market. According to RWA.xyz, Ethereum currently secures nearly $7 billion in tokenized real-world assets. 

Layer 2 blockchain ZKsync Era ranks second with about $2.4 billion, holding a 19% market share.

Robinhood’s strategy may challenge this dominance in the long run, particularly as it expands its offerings and collaborates with regulators to bring tokenized finance to a wider audience.

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FAQ

Is crypto available on Robinhood? 

Yes, cryptocurrency trading services are available through an account with Robinhood Crypto, LLC.

Do I actually own crypto on Robinhood? 

With Robinhood, users don't actually own their crypto assets directly in a way that allows them to transfer them to an external crypto wallet or cold storage. You can only sell your crypto and receive traditional currency (fiat).

Is Robinhood a good place to invest? 

Robinhood is ideal for new and casual investors who want a fast and easy way to start investing and build a portfolio. They offer matching funds for IRAs and charge no commission fees for trades.

What countries is Robinhood available in? 

Robinhood's platform is available in the U.S., the U.K., and, for cryptocurrency trading only, in the European Union.

What are Robinhood crypto fees? 

Robinhood offers some of the lowest fees for buying, selling, and trading Bitcoin and other cryptocurrencies, at just 0.55%.

Is crypto in Robinhood safe? 

Yes, Robinhood takes steps to keep your crypto safe. They store most of your coins in "cold storage" (offline, disconnected from the internet) for extra protection. They also have crime insurance that covers a portion of assets against losses from theft, including cybersecurity breaches.