
Despite seeing a surge in its crypto trading volume over the years, Robinhood (HOOD) maintains a rather limited presence in the crptocurrency market. At the end of 2024, it was not even one of the top-10 largest centralized exchanges by market share. Rival Coinbase (COIN) claimed the No. 6 spot with market share of just 6.5%.
That may soon be changing. Citing the crypto-friendly administration of President Donald Trump, Robinhood CFO Jason Warnick revealed that Robinhood is expanding its crypto services by venturing into areas like tokenization.