Editing Robinhood Markets, Inc. (section)

=== (i) Product & Platform Expansion ===

* Tokenization of stocks: In Q2 2025 Robinhood launched “tokenized stock” trading in Europe covering ~200 U.S. stocks & ETFs.<ref name=":0">investors.robinhood.com</ref>
* Futures & prediction markets: The earnings call remarks disclosed volumes for futures, index options, and “event contracts” (prediction markets) — the company noted 11 million futures contracts, 17 million index options contracts and nearly 1 billion event‐contracts in Q2.<ref name=":0">investors.robinhood.com</ref>
* International expansion: Expanded into Europe (30 countries) and closed acquisition of Bitstamp (global crypto exchange with >50 licenses) to boost crypto business worldwide.<ref name=":0">investors.robinhood.com</ref>
* Wealth & retirement products: Robinhood Strategies (digital advisory) and Robinhood Retirement products are growing — e.g., Retirement AUC ~ $19 billion in Q2.<ref name=":2" />
* Premium/subscription products: Robinhood Gold subscriber base growing strongly (3.5 m subscribers as of Q2) and cash sweep balances are large (~$32.7 billion in cash sweep per Q2 release) providing stable income base.<ref name=":0">investors.robinhood.com</ref>