Robinhood’s crypto revenue fell 55% from last year, but topped Street forecasts
Crypto trading volume fell 38% from year-ago levels, but the firm’s overall blockchain business gained traction.
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Robinhood
Crypto trading volume fell 38% from year-ago levels, but the firm’s overall blockchain business gained traction.
Robinhood helped launch a rival dollar-backed token, USDG, but will also offer Ripple’s stablecoin to retail customers later this year.
The company’s head of futures and prediction markets said bitcoin, gold and oil contracts are among its fastest-growing prediction markets.
The influential research firm says real-world assets could finally give blockchains a clear role in finance. For investors, the next challenge is figuring out which companies, networks and protocols capture the revenue.
Arbitrum recently replaced its Timeboost transaction-ordering system with a new model called Priority Gas Auctions.
Robinhood users could soon get an AI agent that trades on their behalf, even at 2 a.m. But if a trade goes wrong, users’ bear the risk, not Robinhood.
Goldman Sachs and Citizens analysts said the agency’s move create new opportunities in custody, tokenization infrastructure and stablecoin settlement, while giving brokers room to expand onchain products.
The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.
Robinhood’s product push continues to blur the line between crypto and more traditional finance.
Despite the trading platform’s restructuring and the wave of crypto companies making cuts, signaling a late bear market, Altcoin Pro’s Horst, Anderson and Zhuleku explain there’s no reason to panic.