Robinhood Crypto Revenue Jumps 98% Year-Over-Year to $160 Million

Robinhood has solidified its leading position in the cryptocurrency trading market amid a generally stagnant industry, reporting a 98% year-over-year increase in crypto trading revenue in the second quarter of 2025, which reached $160 million. This performance outpaced the $81 million in crypto revenue recorded during the same period in 2024 and contributed to a 45% overall revenue increase for the quarter, totaling $989 million—surpassing analyst expectations of $928.8 million [1].

The platform also reported an adjusted earnings per share (EPS) of $0.42, representing a 35% improvement over estimates and a doubling of the figure from the previous year. Robinhood’s aggressive expansion strategy, including the acquisition of Bitstamp for $200 million and WonderFi for $179 million, has strengthened its compliance and operational footprint in North America and expanded its international presence. Additionally, the company is exploring tokenized stocks and ETFs to enable fractional ownership of traditional assets via blockchain technology, aiming to tap into broader investor segments [1].

Robinhood’s stock has seen a dramatic rise, with shares surging 177% year-to-date, making it one of the top-performing U.S. tech stocks. This has driven the company’s market capitalization to $91 billion, approaching the valuation of major crypto exchange Coinbase. The performance has significantly increased the net worth of CEO Vlad Tenev, who now holds a net worth of $6.1 billion as of July 2025 [3].

The company’s strategic moves and product innovations have positioned it as a formidable player in digital asset trading. Analysts predict continued growth, forecasting a 26.8% increase in revenue and a 20.2% rise in earnings for the current year, driven by favorable regulatory developments and growing mainstream adoption of crypto. Robinhood’s ability to maintain rapid product development and adapt to regulatory challenges is seen as a key factor in sustaining its competitive edge and expanding its user base [5].

Robinhood’s CEO emphasized the importance of these initiatives, stating that the platform’s second-quarter progress, including the launch of tokenization, marks a pivotal innovation in the sector, potentially reshaping how users access and trade digital assets [1].

Source:

[1] Robinhood Beats Q2 Expectations Despite Sagging Crypto (https://decrypt.co/332726/robinhood-beats-q2-expectations-sagging-crypto-revenue)

[3] Vlad Tenev's net worth jumped to $6.1 billion after... (https://www.mitrade.com/insights/news/live-news/article-3-995474-20250730)

[5] Regulatory Tailwinds Likely To Drive Cryptocurrency... (https://www.barchart.com/story/news/33707936/regulatory-tailwinds-likely-to-drive-cryptocurrency-momentum-5-picks)