Robinhood posted a strong second-quarter performance, with $989 million in revenue—a 45% year-over-year increase—and $386 million in profits, surpassing analyst forecasts. While crypto trading revenue fell quarter-over-quarter to $160 million, options and equities trading saw gains. The company’s stock has surged 184% year-to-date, outpacing competitors like Coinbase. Robinhood is expanding its crypto offerings, including developing an Ethereum layer-2 network and acquiring Bitstamp and WonderFi. Despite regulatory challenges, the firm continues to innovate, recently launching tokenized stock trading in Europe and perpetual futures trading.
about Robinhood Q2 Revenue Hits $989M, Profits SurgeWonderFi
0 in Finance and 0 in Crypto last weekRobinhood Launches ETH & SOL Staking for US Users
Robinhood launched Ethereum and Solana staking services for U.S. customers on July 10, enabling users to earn rewards without running validators themselves. The platform pools ETH stakes to meet the 32 ETH validator requirement, offering 50%-100% of protocol rewards, while managing SOL staking technically. However, residents of California, Maryland, New Jersey, New York, and Wisconsin are excluded due to state regulations. Starting October 2025, Robinhood will impose a 25% commission on staking rewards alongside third-party fees. The expansion aligns with Robinhood’s broader crypto strategy, including recent acquisitions of Bitstamp and WonderFi, and plans to build its own blockchain on Arbitrum. Crypto now contributes significantly to Robinhood’s transaction-based revenue, reflecting its push to become a retail-friendly gateway to digital assets.
about Robinhood Launches ETH & SOL Staking for US UsersMogo’s $50M Bitcoin Reserve Sparks 140% Share Surge
Mogo, a Canadian fintech firm, revealed plans to allocate up to $50 million for Bitcoin purchases as a treasury reserve, causing its shares to skyrocket 140% on the Toronto Stock Exchange. The company will fund the allocation using surplus cash and future monetizations from the WonderFi–Robinhood sale, expected in late 2025. Mogo’s strategy includes embedding Bitcoin across its businesses, such as a 60/40 equity-Bitcoin portfolio and BTC-collateralized loans. The firm also introduced a Bitcoin hurdle rate to evaluate capital deployments, rejecting projects with lower expected returns than Bitcoin’s long-term performance. Mogo holds stakes in Gemini, Hootsuite, and WonderFi, providing additional liquidity for its crypto ambitions.
about Mogo's $50M Bitcoin Reserve Sparks 140% Share SurgeRobinhood Expands Crypto Futures with XRP & Solana
Robinhood has expanded its crypto derivatives lineup by introducing micro futures contracts for XRP and Solana, lowering cost barriers for retail traders. This follows earlier launches of Bitcoin and Ethereum futures in January. The firm also completed two major acquisitions—Bitstamp ($200M) and WonderFi ($179M)—strengthening its regulatory reach and market presence. These moves align with a broader trend of crypto M&A activity, with 62 deals recorded in Q1 2025. Robinhood aims to position itself as a leader in retail-focused crypto derivatives while maintaining compliance.
about Robinhood Expands Crypto Futures with XRP & SolanaRobinhood Launches Micro Futures for BTC, SOL, XRP
Robinhood announced the launch of micro futures for Bitcoin (BTC), Solana (SOL), and XRP, starting June 27th, offering retail traders lower margin requirements and streamlined execution. The platform initially introduced crypto futures in January 2025 with BTC and ETH, later expanding due to investor demand. In April, CME Group announced XRP futures would be available on Robinhood, aligning with the firm’s goal to broaden retail access to crypto derivatives. Robinhood’s aggressive expansion includes acquiring Canadian crypto firm WonderFi for $179 million and Luxembourg-based Bitstamp for $200 million, strengthening its global footprint. At the time of writing, BTC, SOL, and XRP were trading at $106,851, $141.35, and $2.09, respectively.
about Robinhood Launches Micro Futures for BTC, SOL, XRPEthereum Surges 42% as Stablecoin Adoption Grows
Ethereum’s price surged 42% in the past week, reaching nearly $2,600, driven by increasing institutional and retail adoption of stablecoins and blockchain technology. Bernstein analysts highlight the growing use of stablecoins for cross-border payments, the potential for brokerages like Robinhood to offer tokenized equities on Ethereum-based Layer-2 networks, and a shift in investor perception favoring ETH. The Pectra upgrade, a more crypto-friendly U.S. political environment, and major corporate moves like Stripe’s stablecoin services and Meta’s renewed stablecoin venture have further bolstered Ethereum’s position. Bernstein notes that Ethereum dominates 51% of stablecoin supply and sees Layer-2 chains as key drivers of future ETH demand.
about Ethereum Surges 42% as Stablecoin Adoption GrowsRobinhood Acquires Kevin O’Leary-Backed Crypto Firm WonderFi
Robinhood has announced its acquisition of WonderFi, a prominent Canadian crypto firm endorsed by Shark Tank’s Kevin O’Leary, for approximately $179 million in an all-cash deal. The acquisition, expected to finalize by mid-2024, aligns with both companies’ goals of making crypto more accessible. WonderFi will continue operating its product suite under Robinhood, with leadership expressing enthusiasm for the partnership. This move follows Robinhood’s recent clearance from SEC investigations regarding securities law violations. The deal aims to strengthen Robinhood’s presence in Canada and enhance its crypto offerings for both novice and advanced users.
about Robinhood Acquires Kevin O’Leary-Backed Crypto Firm WonderFiRobinhood Acquires WonderFi for $179M to Enter Canada
Robinhood is set to expand into the Canadian crypto market by acquiring WonderFi, a Vancouver-based firm operating exchanges Bitbuy and Coinsquare, in a $179 million all-cash deal. The acquisition represents Robinhood’s first major move into Canada, following its European expansion efforts. WonderFi, backed by Shark Tank’s Kevin O’Leary, holds $2.1 billion in assets under custody, while Robinhood reported $27.4 billion in crypto holdings for Q1 2024. Analysts see this as a strategic step, potentially generating $250 million in annual revenue for Robinhood long-term. Both companies saw significant stock price jumps post-announcement, with Robinhood shares up 6.4% and WonderFi’s surging 34%. The deal aligns with Robinhood’s broader crypto expansion, including its pending acquisition of Bitstamp.
about Robinhood Acquires WonderFi for $179M to Enter CanadaRobinhood to Acquire WonderFi for $179M in Crypto Expansion
Robinhood announced its acquisition of WonderFi, a Canadian crypto firm, for $179 million in an all-cash deal to bolster its international presence. WonderFi owns Bitbuy and Coinsquare, two of Canada’s longest-running regulated crypto exchanges, which manage over $2.1 billion in assets. The platforms provide trading, staking, and custody services, aligning with Robinhood’s push into crypto. The deal, set to finalize in late 2025, reflects the growing trend of crypto mergers and acquisitions as firms seek regulatory-compliant expansion.
about Robinhood to Acquire WonderFi for $179M in Crypto ExpansionAmeer Rosic: From Dropout to Blockchain Educator
Ameer Rosic, the founder of Blockgeeks, has played a pivotal role in making blockchain and crypto education accessible to everyday people. Dropping out of school in ninth grade, Rosic took an unconventional path, initially running a clothing business before diving into blockchain after meeting Dmitry Buterin. In 2016, he co-founded Blockgeeks, an online platform offering straightforward tutorials on blockchain and crypto, which quickly gained millions of organic visits. Beyond education, Rosic has contributed to projects like the Aion network and invested in DeFi protocols such as Thorchain and Synthetix. He also advocates for sensible crypto policies through the Canadian Web3 Council and serves on the board of WonderFi. Rosic’s approach blends technical knowledge with philosophical discussions, emphasizing education and risk awareness in the fast-moving crypto world.
about Ameer Rosic: From Dropout to Blockchain EducatorBTCS Launches Staker Protection Plan Post-Ethereum Pectra Upgrade
BTCS Inc. has highlighted Ethereum’s Pectra upgrade, which went live on May 7, 2025, bringing two major advancements: Scaling Validator Staking, increasing the maximum stake per validator from 32 ETH to 2,048 ETH, and Advanced Wallet Functionality, allowing externally owned accounts to operate like smart contracts. These improvements enable flexible fee payments via stablecoins, automated transactions, and simplified wallet recovery. Following the upgrade, BTCS plans to introduce its Staker Protection Plan (SPP) in partnership with Figment and WonderFi Technologies, aimed at boosting staking efficiency and regulatory compliance. The move is expected to reduce operational costs while expanding staking accessibility.
about BTCS Launches Staker Protection Plan Post-Ethereum Pectra UpgradeMichael Saylor Supports XRP in Multi Token Cryptocurrency Reserve Strategy
Michael Saylor, co-founder of MicroStrategy, has shifted his stance on XRP, now supporting its inclusion in a multi-token cryptocurrency reserve, which he deems “bullish” for Bitcoin and the crypto industry. This change comes after he previously labeled XRP an unregistered security and advocated for regulatory action against it.Following the announcement, XRP trading surged by 37% on a Canadian exchange, while its price initially rose to $2.9 before dropping to $2.5 amid market volatility. Ripple also unlocked 1 billion XRP tokens, continuing its monthly release schedule, as discussions around the reserve unfold.
about Michael Saylor Supports XRP in Multi Token Cryptocurrency Reserve Strategy