Robinhood Records Significant Customer Growth Amidst Crypto Surge

Robinhood has experienced a surge in user numbers and platform activity, reporting 26.7 million funded accounts as of July 2025, a significant increase from the previous year. This growth is particularly evident in crypto trading, where volumes increased by 217% year-over-year, reaching $16.8 billion. Vlad Tenev, CEO of Robinhood, attributes this rapid expansion to increased user engagement with DeFi applications and growing interest from institutions.