Robinhood Markets is planning an ambitious expansion of its cryptocurrency trading business, leveraging a supportive policy environment under the Trump administration. With the appointment of crypto ally Paul Atkins as the new Chair of the SEC, Robinhood aims to innovate and grow its crypto services. The company plans to expand globally while ensuring responsible growth. In the fourth quarter, Robinhood reported significant revenue from crypto trading, generating $358 million. The company has been able to move faster in Europe due to clearer regulations and now hopes to accelerate innovations in the U.S., such as tokenization and stablecoins. Despite the focus on crypto, Robinhood remains committed to its core brokerage business, including traditional investment accounts. The company plans to manage costs carefully to maintain financial stability while exploring new opportunities in the crypto market.
