Robinhood Revenue Nearly Doubles in Q2 as Tokenization Plans Take Center Stage

Trading platform Robinhood reported a 98% year-on-year surge in its crypto revenue, reaching $160 million in the second quarter of 2025, as the company ramps up its focus on real-world asset (RWA) tokenization both in the United States and globally. Alongside this, the company’s total net revenue climbed to $989 million, marking a 45% increase, while net income jumped 105% to $386 million. Despite outperforming Wall Street expectations, shares of Robinhood dipped slightly in after-hours trading. The boost in revenue coincided with a 32% rise in crypto trading volumes to $28 billion, in line with a broader market rally that lifted the total crypto market cap by 21.7% to $3.36 trillion. CEO Vlad Tenev used the earnings call to emphasize the firm’s long-term strategy to lead in asset tokenization, following the launch of Robinhood Chain — a layer 2 blockchain designed for stock trading in Europe. Targeting Private Markets Through Tokenization Tenev described tokenization as the most transformative innovation in financial services over the last decade. “Private markets and related real-world assets are opportunities that don’t exist up until now,” he said. Robinhood aims to make traditionally illiquid and inaccessible assets like private equity, venture capital funds, and real estate available to retail investors via tokenization. The company’s recent $200 million acquisition of crypto exchange Bitstamp is expected to serve as a cornerstone for executing this tokenization strategy. Robinhood has already begun issuing private equity tokens in Europe that simulate the shares of high-profile firms such as SpaceX and OpenAI. Interest from developers has grown rapidly since the strategy was unveiled at a high-profile event in Cannes. “We’ve just got lots and lots of calls from developers that either want to tokenize the shares of their own companies or otherwise jump on the tokenization of real-world assets revolution,” Tenev noted. Robinhood Faces Legal Hurdles and Market Competition However, the platform’s early tokenization efforts have not gone unnoticed by regulators. A legal inquiry has been opened in Lithuania regarding Robinhood’s RWA tokens , while OpenAI clarified that Robinhood’s token representing its equity does not constitute a real stake in the company. Still, Tenev believes Robinhood is well-positioned to scale the initiative. With over 25 million users and $1 trillion in assets under custody, he argues that no blockchain-native firm has the same reach or infrastructure to pursue retail-facing tokenized assets at this scale. While Ethereum leads the RWA market with nearly $7 billion in tokenized assets, the company’s strategy suggests it is betting big on bridging the gap between traditional finance and crypto infrastructure. The post Robinhood Revenue Nearly Doubles in Q2 as Tokenization Plans Take Center Stage appeared first on TheCoinrise.com .

Source: The Coin Rise