Robinhood Crypto Revenue Surges 232% Amid Retail Revival

In a clear sign that retail appetite for crypto is roaring back, Robinhood has reported a staggering 232% year-over-year increase in cryptocurrency trading revenue for Q1 2025. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Robinhood Returns Swinging The popular trading platform pulled in $126 million from its crypto business alone, helping it.. The post Robinhood Crypto Revenue Surges 232% Amid Retail Revival appeared first on 99Bitcoins.

May 1, 2025 - 13:02
 0  0

In a clear sign that retail appetite for crypto is roaring back, Robinhood has reported a staggering 232% year-over-year increase in cryptocurrency trading revenue for Q1 2025.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now

Robinhood Returns Swinging

The popular trading platform pulled in $126 million from its crypto business alone, helping it beat Wall Street earnings estimates and showing strong traction among digital asset investors.

According to its latest earnings report, Robinhood’s total net revenues reached $618 million, up 40% compared to the same period last year. While equities and options trading saw modest gains, crypto dominated, driven by surging interest in major assets like Bitcoin and Ethereum amid the ongoing market rebound.

Robinhood’s crypto resurgence comes at a time when broader indicators show rising confidence among retail users. The platform reported $26 billion in crypto assets under custody, a sharp increase from the prior quarter. Meanwhile, monthly active users climbed to 13.7 million, up from 11.8 million in Q4 2024.

“This quarter’s performance reflects the strength of our platform and the growing excitement around crypto,” said Robinhood CEO Vlad Tenev during the earnings call. He added that the firm remains focused on expanding access to digital assets while enhancing security and transparency.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow