Robinhood’s Crypto Revenue Doubles to $252 Million in Q1 2025 Ahead of Bitstamp Acquisition

Monicah W

Robinhood Markets reported its first quarter (Q1) earnings on Wednesday, revealing commendable growth over the past several months.

The development adds to Robinhood’s list of bullish developments this year after the US SEC (Securities and Exchange Commission) dropped its probe against the online brokerage platform.

Robinhood Records 100% Q1 Crypto Revenue Growth

Robinhood Markets reported its Q1 earnings on Wednesday, April 30, detailing its financial results for the first quarter of 2025. The platform’s CEO and co-founder, Vlad Tenev, and CFO Jason Warnick led the broadcast, which was shared on X (Twitter) and YouTube.

While Tenev and Warnick had much to say about the brokerage platform’s performance in Q1 2025, the highlight was its crypto revenue between January and April.

Reportedly, crypto revenues doubled to $252 million, marking a 100% increase year-over-year (YoY). In the same tone, crypto trading volumes hit $46 billion, up by 28% YoY.

These are notable feats given fierce competition from centralized exchanges like Binance and Coinbase.   

“We began the year strong with 50% YoY revenue growth and 106% EPS growth, alongside disciplined expense management. We’re also returning capital aggressively with expanded share repurchases, signaling confidence in our long-term growth,” said Warnick.

Perhaps the recent move by the US SEC to drop its probe into Robinhood exacerbated the financial traction. Despite its May 2024 Wells Notice against the platform, the securities regulator concluded the investigation without penalties.

Robinhood Shares Strategic and Operational Highlights

Beyond financial traction, Robinhood’s Q1 earnings revealed accelerated product innovation on different paradigms, including Robinhood Strategies, Banking, and Cortex. According to Tenev, customers warmed up to the platform’s offerings, adding credence to the platform’s notable Q1 revenues.

“…customers responded with record-breaking net deposits, Gold subscriptions, and trading volume across all asset classes,” Tenev stated.

Among the innovations presented, comprising strategic and operational highlights, is a Bitstamp acquisition in the pipeline, expected to close mid-2025. BeInCrypto recently reported details of the acquisition, citing a $200 million deal.

The acquisition comes as Robinhood looks to enhance its crypto services. Bitstamp brings over 50 active licenses and registrations worldwide. With this, Robinhood will integrate a reputable institutional business into its ecosystem.

Beyond the Bitstamp acquisition, Robinhood is also working on global expansion into the UK and EU, positioning itself as a fierce competitor in the crypto space.

Robinhood is also innovating with prediction markets like Kalshi and advanced trader tools, tapping into the growing demand for diverse crypto offerings. Its prediction market has reportedly traded over 1 billion event contracts in six months.

With 25.8 million funded customers and $221 billion in platform assets, Robinhood is becoming a go-to financial hub for crypto-savvy users.

Robinhood (HOOD) Price Performance
Robinhood (HOOD) Price Performance. Source: TradingView

Despite the bullish developments, Robinhood’s HOOD token has only increased by a modest 1% in the last 24 hours. As of this writing, it traded for $0.00003370 on the MEXC exchange against the USDT stablecoin.

The post Robinhood’s Crypto Revenue Doubles to $252 Million in Q1 2025 Ahead of Bitstamp Acquisition appeared first on BeInCrypto.

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OORT CEO Dr. Max Li Discusses the Real Bottleneck in AI Agent Adoption

In 2025, AI agents became the newest obsession for crypto market participants. They were integrated into decentralized finance (DeFi), gaming, infrastructure, and even DAO governance, touted as the next evolution of Web3 intelligence.

With this in mind, BeInCrypto contacted OORT CEO Dr. Max Li for his perspective on whether these autonomous, machine-learning-driven software acting on behalf of users could reshape crypto. Li had some interesting insights, but warned that real-world adoption, security, and regulation are the biggest hurdles ahead.

The AI Agent Gold Rush: Disruption or Distraction?

Data from the AI Agents Directory indicates an average monthly increase of 33% in the number of AI agents.

However, despite the growing interest, Web3-based artificial intelligence solutions still account for a minimal fraction (3%) of the overall AI agent ecosystem.

AI Agents Monthly Growth Trend
AI Agents Monthly Growth Trend. Source: AI agents directory

According to Dr. Max Li, founder and CEO of decentralized cloud network OORT, the space is moving faster than its infrastructure can handle, pointing to models like ElizaOS (formerly ai16z).

Yet, in his opinion, the broader playing field is not ready. He says the core infrastructure, from decentralized storage to tokenized agent marketplaces, is still under construction.

The Real Bottleneck? Security, Not Speed

While scalability is often seen as crypto’s weakness, Max Li says security and compliance are bigger threats. This is especially true when tokenizing AI outputs like computing, decision-making, or real-time data.

Dr. Li added that tokenized AI raises difficult questions. Who owns the data that the agents generate? How can decentralized systems comply with global data laws like GDPR? And what happens when AI agents interact with sensitive personal or financial information on-chain?

“These may already be more significant barriers than scalability,” Dr. Li warned.

The OORT executive emphasized that without clear custodianship or compliance frameworks, the risks extend beyond crypto to regulators, investors, and end-users.

Enterprise Adoption Isn’t Coming Anytime Soon

The industry often claims AI agents will bring real-world industries on-chain. However, Dr. Li says it is still a fantasy, particularly in the public blockchain.

He explained that while enterprises like Walmart could benefit from AI for internal operations, there is little incentive to tokenize those agents. Traditional firms want efficiency and control, not decentralized tokens wrapped around their core systems.

“Most enterprises would prefer to keep that data within their own secured servers rather than exposing it on a public, decentralized network,” he said.

While private chains may offer a bridge, Max Li says the idea of tokenized agents powering real-world logistics or finance is, for now, a crypto-native dream.

A Market Fueled by Hype

AI agent tokens have exploded in 2025. Riding the momentum of both AI and crypto, they have attracted massive capital inflows. However, Dr. Li parallels the dot-com bubble, concluding that while innovation is real, the market is overheated.

AI agents leaderboard
AI agents leaderboard. Source: AI agents directory

Based on this, he does not believe the current rally is sustainable: “It’s fair to say there’s a bubble forming here.”

This sentiment echoes Binance founder Changpeng Zhao (CZ), who recently warned that most AI token projects launch too early.

“Too many AI agent developers focus too much on their token and not enough on the agent’s usefulness. I recommend making a really good agent first,” wrote CZ in a post.

Zhao argued that only a tiny fraction of AI agents, say 0.05%, actually need tokens at this stage. Similarly, Hitesh Malviya, an analyst and popular figure on X, recently echoed this sentiment in a post.

“If you look outside the crypto echo chamber, you’ll find that we do have a solid ecosystem of free and better AI agents—and they don’t have tokens, nor might they ever need one. So, what we’re trading in the name of agents is nothing but memes—a value we created out of thin air, like we always do,” Hitesh observed.

Regulatory Turbulence Ahead

Perhaps the most underappreciated risk in the AI agent boom is regulation. The intersection of open AI systems, tokenized data, and borderless blockchains is a minefield for compliance.

Dr. Li warned of contradictions yet to be resolved: How can decentralized AI be transparent and private? Who is liable when agents act autonomously but cause financial losses?

“In the short term, regulatory intervention will likely create additional hurdles for innovation,” he concluded.

This is especially true where there is no global consensus. Until jurisdictions align on KYC (know-your-customer), AML (anti-money laundering) laws, and data governance, institutional adoption will remain cautious, if not frozen.

While the rise of AI agents is real, their integration into tokenized crypto ecosystems is still a high-risk, high-ambiguity frontier. Infrastructure remains fragile. Legal frameworks are missing, and real-world adoption is still speculative at best.

Dr. Max Li’s view is clear: crypto must shift its focus from hype to functionality—from token-first to agent-first design.

Only then will the next leap in AI-powered decentralization become more than just a market cycle.

The post OORT CEO Dr. Max Li Discusses the Real Bottleneck in AI Agent Adoption appeared first on BeInCrypto.

PancakeSwap Sets Date for CAKE Tokenomics 3.0 Despite Controversy

PancakeSwap, the largest decentralized exchange (DEX) on BNB Chain, has officially announced the implementation of CAKE Tokenomics 3.0. This marks a major shift toward a more sustainable and deflationary ecosystem.

According to the announcement, PancakeSwap will begin rolling out the new tokenomics model on April 23, 2025. The main goals are to curb CAKE inflation, optimize system efficiency, and deliver long-term value to the community. However, the CAKE 3.0 proposal has sparked considerable debate.

What Are the Key Changes in CAKE Tokenomics 3.0?

PancakeSwap has set three primary goals for Tokenomics 3.0: achieve an annual deflation rate of 4%, eliminate complex mechanisms such as veCAKE, and reduce CAKE emissions to improve sustainability.

Here are the specific changes:

  • Retirement of CAKE Staking, veCAKE, Gauges Voting, Revenue Sharing, and Farm Boosting: PancakeSwap will discontinue CAKE staking and the veCAKE mechanism, which required users to lock tokens in exchange for voting rights or benefits. All locked CAKE and veCAKE will be unlocked.
  • Burn Mechanism to Reduce Circulating Supply: PancakeSwap will burn tokens to reduce supply instead of sharing trading fees with users. The team expects to burn approximately 5.3 million CAKE annually, supporting the deflation target.
  • Phased Reduction in CAKE Emissions: Daily CAKE emissions will be reduced from 29,000 to 20,000, and later to 14,500 tokens.

Users will have six months from April 23, 2025, to withdraw their previously locked CAKE.

The Debate Around CAKE 3.0

Several developers and community members believe CAKE Tokenomics 3.0 will benefit the project in the long term.

“At its core, CAKE Tokenomics 3.0 defends true value and protects CAKE holders by strengthening long-term fundamentals—such as aggressively cutting emissions to accelerate deflation and sustainably grow value,” Chef Philip said.

However, not everyone agrees. Cakepie DAO—one of the largest veCAKE holders—voiced strong concerns on X. They criticized the decision to eliminate veCAKE, calling it non-transparent and potentially damaging to projects built around that model.

This reveals a divide in the community over how PancakeSwap is balancing deflation and stakeholder interests.

“Sunsetting veCAKE would be devastating for Cakepie and for every project built on long-term alignment with PancakeSwap. Our entire ecosystem is structured around veCAKE, with millions of CAKE locked for four years as a clear show of commitment. Removing veCAKE would erase that commitment overnight and undermine the trust and efforts of all builders who believed in PancakeSwap’s vision,” Cakepie stated.

In response, PancakeSwap proposed a $1.5 million compensation package in CAKE tokens. They offered this to CKP (Cakepie’s token) holders if Cakepie agreed to allow a 1:1 swap from mCAKE (Cakepie’s CAKE derivative) to CAKE.

However, Cakepie is currently voting on whether to accept the offer.

PancakeSwap (CAKE) 3-Month Price Chart
PancakeSwap (CAKE) 3-Month Price Chart. Source: BeInCrypto

At the time of reporting, CAKE is trading around $1.97, up 17% since April 8, when PancakeSwap first proposed Tokenomics 3.0.

Additionally, data from DeFiLlama shows that PancakeSwap’s 24-hour trading volume has surpassed $1 billion, overtaking Uniswap.

Meanwhile, a report from BeInCrypto reveals that PancakeSwap controls over 90% of the DEX market share on BNB Chain. This highlights the strong relationship between BNB Chain and PancakeSwap.

The post PancakeSwap Sets Date for CAKE Tokenomics 3.0 Despite Controversy appeared first on BeInCrypto.