Robinhood Markets (HOOD) stock has surged 200% over nine weeks, reaching record highs as Wall Street applauds its aggressive crypto expansion. The brokerage’s new tokenized stock offerings and proprietary blockchain development signal a strategic shift toward becoming a comprehensive crypto investment platform.
The stock closed at nearly $92 this week, marking a 1,042% increase from 2023 lows and boosting Robinhood’s market capitalization to over $77 billion. This rally coincides with the company’s announcement of tokenized U.S. equities for European users and a forthcoming layer-2 blockchain network.
Robinhood’s crypto division now offers perpetual futures in Europe and staking services for U.S. investors, complementing its existing spot trading. The company acquired cryptocurrency exchange Bitstamp earlier this year, significantly expanding its trading infrastructure.
Get breakout alerts
Install Coin Push to get profitable crypto trading notifications.
Robinhood’s Meteoric Stock Rise
HOOD shares have climbed for nine consecutive weeks, fueled by growing crypto revenue and expanding user metrics. Funded customer accounts increased to 25.8 million from 23.9 million year-over-year, while Gold subscribers jumped to 3.19 million from 1.68 million in 2024.
The stock’s performance reflects investor confidence in Robinhood’s crypto strategy:
| Metric | Value |
|---|---|
| 9-week surge | 200% |
| Market cap | $77B+ |
| Funded accounts | 25.8M |
| Gold subscribers | 3.19M |
Analysts attribute this growth to Robinhood’s positioning as a gateway for retail investors entering crypto markets. The company’s acquisition of Bitstamp added nearly $200 million in daily trading volume to its ecosystem.
New Crypto Products and Blockchain
Robinhood launched tokenized U.S. stocks and ETFs for European users, enabling 24/7 trading of over 200 equities via Arbitrum-based tokens. This transforms Robinhood’s EU app into an “all-in-one investment platform powered by crypto,” according to company statements.
The brokerage is developing its own layer-2 blockchain using Arbitrum’s technology stack, optimized for tokenized assets. This network will support:
- 24/7 trading capabilities
- Self-custody options
- Cross-chain asset bridging
Additionally, European users gain access to perpetual futures with up to 3x leverage, while U.S. investors can now stake Ethereum and Solana through Robinhood Crypto. These moves significantly diversify Robinhood’s revenue streams beyond traditional stock trading.
Strategic Market Positioning
Robinhood’s expansion targets a potential market of 400 million across 30 EU/EEA countries. The tokenized stock initiative bypasses traditional settlement constraints, allowing after-hours trading without intermediaries.
The layer-2 blockchain development positions Robinhood as infrastructure provider in the tokenized securities market. Industry observers note this could capture institutional interest as traditional finance adopts blockchain technology.
Robinhood’s crypto revenue now accounts for over 20% of total transaction-based income, according to recent filings. The company’s growing exposure to cryptocurrency markets appears central to its valuation surge.
Install Coin Push mobile app to get profitable crypto alerts. Coin Push sends timely notifications – so you don’t miss any major market movements.
Robinhood’s strategic pivot toward crypto infrastructure could disrupt traditional brokerage models. The tokenization of traditional assets represents a significant step toward mainstream blockchain adoption in finance, potentially accelerating institutional crypto participation.
- Tokenized Stocks
- Digital representations of traditional equities issued on blockchain networks. Enable fractional ownership and extended trading hours beyond conventional markets.
- Layer-2 Blockchain
- A secondary protocol built atop existing blockchains like Ethereum to improve scalability and reduce transaction costs. Robinhood’s version uses Arbitrum’s technology stack.
- Perpetual Futures
- Derivative contracts without expiration dates that track underlying asset prices. Robinhood offers these with up to 3x leverage for European crypto traders.
- Staking
- The process of locking cryptocurrency to support blockchain network operations in exchange for rewards. Robinhood now offers this for Ethereum and Solana to U.S. users.
