Robinhood experienced a major rebound in crypto trading volume in Q4, following a decline throughout 2024. According to the company’s latest report, crypto trading volume surged 400% in the last quarter, reaching $70 billion.
Equity trading volume also saw significant growth, increasing 154% to $423 billion during the same period. With this surge, Robinhood’s Q4 revenue grew 200% year-over-year, reaching $1.01 billion, surpassing the estimated $944 million.
Crypto Revenues Skyrocket 7x
The company’s crypto trading revenues increased 700% from the previous year, totaling $358 million. Meanwhile, revenues from equity trading rose 144% to $61 million.
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Throughout Q4, Robinhood added seven new crypto assets in the U.S. and launched Ethereum staking services in the EU.
Robinhood CEO Tenev: “A Huge Opportunity Ahead”
Robinhood CEO Vlad Tenev highlighted the company’s expansion efforts, stating:
“In 2024, we accelerated product development with a new platform for active traders, the launch of Gold Card, an expanded product suite in the UK and EU, and much more. We see a huge opportunity ahead as we work toward enabling anyone, anywhere, to buy, sell, or hold any financial asset through Robinhood.”
Additionally, in January, Tenev wrote an op-ed for The Washington Post, urging the SEC to establish clear regulations on how early-stage startups can tokenize their equity.
“The U.S. is finally making up for lost time and taking crypto seriously. So many promising strides forward. It’s time to further expand our understanding of what’s possible,” he said.
Robinhood’s Assets Under Custody Reach $193 Billion
The company’s assets under custody (AUC) grew 88% year-over-year to $193 billion, driven by continued net deposits and rising valuations of stocks and cryptocurrencies.
Robinhood’s strong performance signals that 2025 could be a defining year for increased interest in the crypto market.
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