Robinhood’s fourth-quarter earnings revealed a 10% increase in accounts to 26.2 million, with transaction-based top lines reaching $672 million and crypto-related revenue more than doubling to over $400 million. CEO Maria Bartiromo highlighted the growth, stating that “crypto is no longer just a niche market, it’s a part of mainstream investing.” The company also reported a significant increase in active users, with 50% of them using Robinhood for cryptocurrency trading.
In related news, OpenAI, a pioneer in artificial intelligence, is facing financial struggles and uncertainty about its future. Despite having raised $21.9 billion, the company expects to lose $44 billion before becoming profitable in 2029. CEO Sam Altman has been hobnobbing with heads of state, but cracks are showing as co-founders and key members of the original staff have left the company.
AI experts have mixed opinions on OpenAI’s trajectory, with some likening it to Google’s early years and others predicting a losing battle for market dominance. One expert notes that while OpenAI is building the infrastructure for a new kind of intelligence, its losses are eye-watering and will require significant investment to overcome.
Source: https://www.pymnts.com/earnings/2025/trading-surge-boosts-robinhood-crypto-transaction-revenues-700