Robinhood wants to win wallet with a growing crypto push

Slave long nailed Its ambitions for growth in be more than “only brokerage applications” to your users and the world alike.

It’s latest push? According to the company First quarter of 2025 Welcome earnings on Wednesday (30 April), it becomes cryptocurrentiency.

“We are incredibly excited about our global cryptological ambitions”, director of Robinism Vlad Tenev told investors on the call.

Revenues based on the crimping crypticole reached $ 252 million in K1 2025, doubling year during the year and accounting for more than 43% Slave Total income from transactions. This growth occurs despite the modest sequential decline in the crypt of trading, which slipped 35% of the previous quarter, but it still registered a robust 28% year during the year Increase to $ 46 billion.

The crypto bet Robinhood is far from cases. Alone in K1, the company has expanded its US CRIPTO offers from 21 to 26 coins and its European choice from 39 to 48 years. He also made titles with Waiting from BitstampOne of the oldest world exchange of cryptocurnancy.

“Bitstamp positions us to serve a much wider customer base with infrastructure and licensing and licensing in key international markets,” Tenev said.

The agreement is expected to close in the middle year, during the regulatory approval and would expand the International Cryptographic Robbin FRAME by adding almost 50 licenses and registrations around the world. Acquisition also means turning from the original Rodio Krypto that the CRYPTO is focused on a diversified, vertically integrated CRIPTO platform.

Expansion of the platform

RobinHoosty reported revenue growth from the first quarter of 50% of the year of 927 million dollars, with a net income of $ 336 million, from 114% increase from the same period Last year.

The wider job of Robinism also set strong metrics while tightening his grip on a new generation of investors drawn into digital property. The funded custom accounts increased to 25.8 million, almost 2 million since the previous year, while the total platform assets increased 70% to $ 221 billion. Of this, Cripto Holdings amounted to $ 25 billion – more than 11% of the total assets of the platform.

The company also pointed out Points of several products Including a barbecue cortex, artificial intelligence assistant for investment and ribugal strategies, managed investment services. Although it is still early, strategies It is reported to manage Over 100 million dollars of property over 40,000 users. Korteks, directed at retail investors who flooded market complexity, is expected to roll over later this year.

Read and: From trading savings, Financial platforms Banking for Eyes and Neobans Branches Out

Another key area of ​​growth is gold Robinci, Premium products in the amount of $ 5 per month. Gold subscribers increased by 90% of the year to 3.2 million, now representing over 12% of funded accounts. These users are disproportionately valuable, they are held almost five times more funds under guardianship than detention than gold Users and accounting for the growing share of the net deposit.

“We see a strong wallet in the customer’s basis,” CFO Jason Varnik Ružb Jason said. “Our strategy to serve entirely User financial lives – from trading in banking at crypto – is clearly resonating. “

Pimnts Intelligence described in detail Yes 60% Millennium, 57% generation z and 52% of the generation X primarily uses applications for mobile banks. In addition, 94% approved their total access to financial services, and 79% said that new technologies have improved their access to banking, in accordance with our data.

In total, net loom deposits reached $ 18.0 billion for a quarter, representing a 37% annual growth rate. During the past twelve months, net deposits hit 57.3 billion dollars, marking the growth rate of 44% during the year.

Despite success, Roby is facing risk constellation. The voltage nature of the crypto market could quickly reverse trading trends. Regulatory insecurity largeEspecially when the company deepens its global cryptic exposure. American legislators are in the middle Establishing a framework for trade trade and stembleconomins – Robinhood products plans to integrate completely after making bitstampa.