Robinhood Q4 crypto trading volume surges 400% to $70 billion

PANews reported on February 13 that according to The Block, Robinhood released its fourth-quarter financial report, showing that its cryptocurrency trading volume increased by 400% year-on-year to US$70 billion. Previously, the transaction volume continued to decline in 2024, with US$36 billion, US$21.5 billion and US$14.4 billion in the first three quarters respectively.

The company's Q4 transaction revenue increased by 200% year-on-year to US$672 million, of which cryptocurrency transaction revenue reached US$358 million, an increase of 700%. Meanwhile, stock trading volume rose 154% to $423 billion. Robinhood added 7 new crypto assets during Q4 and launched Ethereum staking services in the EU.

Robinhood CEO Vlad Tenev said in December that the company had discussed the possibility of holding Bitcoin internally, but there was no BTC reserve plan yet. In early 2025, the company also foresees the launch of Bitcoin, oil and gold futures trading.