Robinhood has reported its financial results for the second quarter of 2025, revealing a significant surge in its cryptocurrency trading revenues. The company achieved a remarkable 98% increase in revenue from crypto transactions compared to the same period last year, reaching $160 million. During this period, the volume of crypto transactions was announced at $28.3 billion.
Expansion in Cryptocurrency Transactions
In the second quarter of the previous year, Robinhood’s revenue from crypto transactions stood at $81 million. With this year’s 98% rise, the company has accelerated its growth in this sector. According to updated financial data, the overall revenue increased by 45%, reaching $989 million, surpassing the analysts’ expectation of $928.8 million.
The company reported an adjusted earnings per share of $0.42, which signifies around a 35% improvement over analysts’ expectations. Additionally, this value doubled compared to last year’s earnings per share.
International Expansion and Acquisitions
Throughout the year, Robinhood solidified its international growth in the crypto sector through various acquisitions. In June, the company acquired the entire Bitstamp cryptocurrency exchange for $200 million. Shortly afterward, it integrated the Canada-based WonderFi platform into its portfolio for $179 million, thus strengthening its compliance with North American regulations and bolstering its international presence.
Robinhood is also making strides in the European market, deciding to expand its operations with tokenized stocks and exchange-traded funds. With these products, the aim is to enable investors to purchase fractional shares of traditional financial assets via blockchain technology.
Robinhood’s shares have surged 177% since the beginning of the year, marking the highest increase among US technology stocks. The company’s market value has reached $91 billion, nearing the valuation of major cryptocurrency competitor Coinbase.
Vlad Tenev, Robinhood’s Chairman and CEO: “Our swift product development in the second quarter led to strong business results and initiated tokenization. We believe this step is the most significant innovation our sector has witnessed in a decade.”
Robinhood’s financial data and growth strategies seem to have positioned the company as more competitive in digital asset trading. Acquisitions and the development of tokenized products could facilitate reaching new user segments in both North America and Europe. Rapid product development and regulatory compliance are anticipated to play a crucial role in the industry’s future. These steps may attract more investors to Robinhood in the fields of finance and technology.
