The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.
- Robinhood beat Wall Street’s second-quarter expectations with adjusted earnings of $0.62 a share and record revenue of $1.31 billion, but its stock fell in 4% in extended trading.
- The brokerage’s results showed weaker crypto trading, with crypto revenue down 38% to $100 million from a year earlier, offset by stronger activity in options, equities and prediction markets.
- Robinhood accelerated its product rollout with the launch of Robinhood Chain, expanding tokenized stocks and new Agentic Trading AI tools that automate investing while keeping users’ controls in place.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
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