Robinhood Rides Crypto Surge, Bitstamp Deal to Nearly $1B Revenue

The company is investing heavily in infrastructure and services to support institutional credibility and long-term customer value — despite potentially looming regulatory challenges.$160 million in crypto revenue (up 98% YoY) and $35 billion in trading volume — boosted by the Bitstamp acquisition — show Robinhood’s successful transition to institutional-grade crypto services, including staking and stock tokenization.Robinhood reported a 45% YoY revenue increase to $989 million and doubled EPS to $0.42 in Q2 ...