Robinhood reported a robust performance in Q2, exceeding analyst expectations. The retail brokerage disclosed $989 million in total revenue, a 45% increase from the prior year, surpassing expectations of $913 million. Profits rose to $386 million, beating estimates of $276.6 million. Despite a fall in crypto trading revenue from $252 million in the previous quarter to $160 million, there was still a year-over-year increase of 98%. Robinhood's stock has surged 184% in 2025, outpacing competitors like Coinbase. The company is enhancing its market position by developing an Ethereum layer-2 scaling network and tokenized asset services. CEO Vlad Tenev highlighted the launch of tokenized stock trading in Europe, marking a significant milestone for the firm. Robinhood's strategic focus includes expanding its operations internationally, leveraging evolving regulatory frameworks.

Source đź”—