19/2/2025, 12:53:04 pm

Robinhood sees 700% crypto growth, driven by ‘a lot more interest in DeFi

Robinhood's crypto revenue surged 700% last quarter, driven by customer enthusiasm and platform expansion. The company exceeded $1 billion in Q4 revenue, beating estimates by $69.2 million. Growth was fueled by increased trading during the 2024 election, with one in seven voters being crypto-focused. While future growth is uncertain, Robinhood is expanding offerings.