Robinhood crypto income is up 98% while Kraken had sharp QoQ decline

Robinhood and Kraken have each sturdy year-on-year (yo-y) income of their crypto-related statistics, even when the outcomes of quarterly over quarter (QOQ) present indicators of stress.

On July 30, the 2 buying and selling platforms launched their Q2 2025 revenue, with the expansion of person exercise, asseta quantity and strategic product exhausts within the midst of broader market volatility.

Robinhood’s Crypto Income Surge

Robinhood reported a sturdy second quarter earlier than 2025, largely powered by a rise in crypto exercise and product diversification.

In accordance with revenue presentationThe entire web turnover of the platform reached $ 989 million, which marked a rise of 45% on an annual foundation (yoj).

On transactions -based revenue, together with shares, choices and crypto, 65% climbed to $ 539 million. Crypto solely contributed $ 160 million, a surprising enhance of 98% JoJ.

The sturdy efficiency follows a bounce of 32% within the crypto -trading quantity, which hit $ 28 billion throughout the quarter.

The momentum of Robinhood within the digital property house is supported by steady enlargement efforts.

In June the corporate launched Tokenized shares for European customers, with entry to greater than 200 tokenized variations of US shares. It additionally revealed plans to launch a Layer 2 protocol on arbitrum, which signifies a deeper involvement within the Ethereum ecosystem.

These strategic actions emphasize the intention of Robinhood to seize extra crypto quantity and to steer innovation in Tokenized monetary devices.

Kraken Put up blended outcomes

Cracking, one other essential participant within the American crypto -trading panorama, posted $ 411.6 million in Q2 2025 turnover, a lower of 13% lower quarterly over-Queen (QOQ), however nonetheless a rise of 18%. That is according to a QoQ fall from 11% in change quantity to $ 186.8 billion, though Yoy quantity rose by 19%.

Regardless of the turnover dip, Kraken noticed a outstanding progress of customers. Financed accounts grew by 12% QoQ and 37% JoJ to 4.4 million.

This enhance helped to carry the entire property on the platform to $ 43.2 billion, a rise of $ 34.9 billion the earlier quarter. Particularly, Kraken mentioned that his proof-of-reserve exhibits that the property of his prospects are absolutely supported on the platform.

Arjun Sethi, Kraken Co-CEO, mentioned:

“The report of June 2025 every exhibits energetic that’s supported by greater than one hundred pc of the client’s obligations. For Bitcoin and Stablecoins, the pillow is even larger. These are usually not minimal thresholds. These are deliberate selections that mirror how we take into consideration danger, duty and belief.”

Within the meantime, Kraken additionally expanded his market share at Spothandel, particularly in Stablecoin-to-fiat pairs. The share of the secure FIAT spot quantity elevated from 43% to 68%, due to product enhancements and robust demand.

Within the subject of regulatory aspect, Kraken was the primary crypto change that was approved by the Central Financial institution of Eire below Mica, and opened entry to 30 European markets. It additionally ensured a restricted vendor license in Canada, which strengthens its compliance print.

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