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Robinhood Looks Beyond Crypto to Banking and Agentic Trading

Robinhood Looks Beyond Crypto to Banking and Agentic Trading

Robinhood’s cryptocurrency revenue fell 55% in the third quarter, but much of the discussion on its earnings call Tuesday (Oct. 27) focused on where customers’ money might go next. CEO Vlad Tenev outlined a future built around everyday banking, payments sent as easily as a text message and artificial intelligence agents that help customers understand investments and trade.

The ambition is to become customers’ financial home. In his opening remarks, Tenev described banking and credit as important drivers of Robinhood Gold, its paid membership program. Both products remain in limited release, leaving room to expand access and make signing up easier.

Robinhood Banking has attracted nearly $5 billion in deposits from more than…

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