Robinhood Crypto just clocked its strongest quarter ever, with
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doing the heavy lifting. Meanwhile, we’ll also discuss the best meme coins to buy now on the platform.
The trading app pulled in $989 million in Q2 revenue, blowing past Wall Street’s $921 million target, and doubled net income to $386 million. Here’s why this could be the next catalyst for Web3.
Robinhood Crypto Revenue Nearly Doubles as They Bet Big on Tokenized Stocks
Robinhood’s crypto revenue jumped 98% to $160 million, nearly securing a sixth straight quarter of triple-digit growth. Although this is shy of analyst estimates ($162.1 million), Robinhood is becoming the second biggest crypto trading platform next to Coinbase. That’s massive.
CEO Vlad Tenev emphasized the company’s commitment to tokenization:
“Tokenization is the biggest innovation our industry has seen in the past decade.” – Vlad Tenev, CEO, Robinhood
In early July, Robinhood began rolling out tokenized stocks to 150,000 customers in 30 countries, drawing both interest and regulatory scrutiny. What we’re about to see is 24/7 markets for every investable asset in the world.
Tesla? Check. Apple? Check. The banh mi shop in some alleyways in Vietnam? Ostensibly, we could see a check.
Bitstamp Acquisition and the Path to Institutional Expansion
Robinhood’s crypto ambitions are further bolstered by its $200 million acquisition of Bitstamp, one of the oldest regulated crypto exchanges in the world. Bitstamp brings:
- 500,000 funded retail users
- 5,000 institutional clients and $95 million in trailing 12-month revenue
As a result, Robinhood raised its 2025 adjusted operating cost outlook to $2.15–2.25 billion, with $65 million allocated to Bitstamp-related costs.
While Robinhood’s monthly active users rose to 12.8 million, the figure missed estimates (13.7M) and dipped from Q1’s 14.4 million. However, average revenue per user (ARPU) surged 34% to $151, beating the $143.57 forecast.
Best Memecoin to Buy Now: TOKEN6900 Cracks $320,000 Raised
Is TOKEN6900 the best memecoin to buy now? 99Bitcoins analysts seem to think so.
With Robinhood leading the charge on tokenization, pieces of internet history are sure to surge in value. TOKEN6900 is a representation of that with its meme culture and early 2000s internet vibes; it also just crossed $1.5 million in presale funding, drawing heat as traders chase the next 100X
Marketed as the first “Non-Corrupt Token,” TOKEN6900 skips every red flag by featuring no mint function, no private deals, and no dev wallets.
The clock’s ticking on the current price of $0.006400, which won’t last long. And while central banks inflate away savings with euphemisms, TOKEN6900 goes full internet absurdist with transparent economics and zero apology.
TOKEN6900 isn’t pitching itself as the backbone of Web3 like Ethereum. It’s a viral meme like Pepe or Bonk, and both of those are top 50 coins. This one could be the next.
GET IN ON THE TOKEN6900 HYPE NOW
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Key Takeaways
- Robinhood pulled in $989 million in Q2 revenue, blowing past Wall Street’s $921 million target, and doubled net income to $386 million.
- The big new play leading the pack is TOKEN6900, which has just crossed $900,000 in presale funding, drawing heat as traders chase the next 100X.
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