Steering the Trading App Into the Crypto Realm

Vlad Tenev, CEO and co-founder of Robinhood, has spent the year turning the trading app into a serious player in the crypto industry.

This feature is a part of CoinDesk’s Most Influential 2025 list.

Once known for commission-free stock trades, the company is now building its own blockchain, offering staking services, and expanding across Europe with tokenized stocks.

The biggest move saw Robinhood complete its $200 million acquisition of Bitstamp, one of the longest-running crypto exchanges. The deal brought in over 50 global licenses and opened the door to institutional trading and expansion in the crypto ecosystem.

Robinhood has since launched staking for ether and solana, enabled perpetual futures in the EU, and added more tokens for…

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