Robinhood Tokenization Plan Dey Boost Crypto Revenue
Robinhood talk say dem make net revenue of $989 million for Q2 2025, e rise by 45% year-on-year, plus their net income climb 105% to $386 million. Transaction revenue jump 65% reach $539 million, na crypto revenue rise sharply by 98% hit $160 million, while crypto trading volume increase 32% reach $28 billion. Crypto revenue wahala—from 35% of total revenue for Q4 2024 down to 27% for Q1 2025—make dem launch tokenization products.
For June 'To Catch a Token' event, CEO Vlad Tenev show tokenized stock trading for EU, crypto perpetual futures, plus ETH and SOL staking for the US, explain say tokenized stocks na derivatives. Robinhood buy Bitstamp ($200 M) and WonderFi ($179 M), plan to launch Robinhood Chain blockchain, and expand offerings—tokenized private equity, art and other assets—globally, wait for US regulatory okay. With new Crypto Back rewards and 76% increase in Gold subscribers to 3.5 million, dem wan diversify transaction revenue, cut cost and stabilize income for steady growth.
Bullish
Robinhood strong performance for Q2, driven by strong crypto money growth and 32% rise for trading volume, plus their aggressive tokenization plan—including tokenized stocks, perpetual futures and staking—show say dem dey expand their money streams and dey connect more with crypto traders. Short term, when dem launch new tokenization products and rewards, e go boost trading activities and fee-based income, wey go better market feeling. Long term, acquisition of Bitstamp and WonderFi, development of Robinhood Chain and worldwide expansion plan put the company well for steady growth and variety, and e dey support positive outlook for related tokens like ETH and SOL.