Why Robinhood’s New Crypto Strategy Is a Plan to Grow Its TradFi Ambitions
In some quarters, Robinhood generates more income from selling crypto than stocks, its bread and butter. But as it moves deeper into the industry, its efforts could have a bigger impact on its traditional business.
Posted July 31, 2025 at 5:23 pm EST.
Fintech giant Robinhood (HOOD) announced strong results for the second quarter of 2025. The company reported $989 million in total net revenue, up 45% year over year, and a 105% increase in net income to $386 million. Transaction revenue, which makes up the bulk of the company’s top line, advanced 65% to $539 million, and included a 98% bump in crypto revenue to $160…