In 2025, Robinhood Markets Inc. significantly expanded its cryptocurrency offerings and made strategic acquisitions, including the launch of new products and the acquisition of Bitstamp, impacting the global cryptocurrency market.
Robinhood launched tokenized versions of over 200 U.S. stocks and ETFs for European users, providing 24/7 trading. The company also introduced perpetual futures contracts for Bitcoin, Solana, and XRP in the United States.
Robinhood is developing its own Layer 2 blockchain network based on Arbitrum's technology, with an anticipated launch later this year or early next year. In June 2024, Robinhood acquired Bitstamp for approximately $200 million, expected to close in the first half of 2025.
In the first quarter of 2025, Robinhood reported a 50% year-over-year increase in revenue, reaching $927 million. Crypto transaction-based revenues accounted for over 43% of total transaction revenue.
As of June 30, 2025, Robinhood's stock (HOOD) is trading at $92.93, reflecting a 11.92% increase from the previous close. The company's strategic initiatives in 2025 position it as a significant player in the cryptocurrency market.