Robinhood Markets and Coinbase are two companies benefiting from the resurgence in cryptocurrency trading. Robinhood recently reported a 50% year-over-year increase in sales, totaling $927 million for Q1, with crypto revenues reaching $252 million, a 100% rise. Coinbase, the largest U.S. cryptocurrency exchange, is enjoying a 42% gain in shares in 2025, attributed to strong transaction revenues.
Key data includes Robinhood’s net deposits hitting a record $18 billion and crypto notional trading volumes of $46 billion, down 28% year-over-year. Both companies are expected to report positively in their upcoming quarterly results due to higher trading volumes.