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Robinhood (NASDAQ: HOOD) platform assets reach $384bn as equity trading jumps 68%
Robinhood ended August with $383.7 billion of platform assets as equity trading, margin balances and event contracts expanded sharply, while crypto activity remained below last year.
Robinhood Markets company profile: How free trading became a crypto, banking and prediction-markets platform
Robinhood Markets, Inc. has expanded far beyond commission-free stock trading into options, cryptocurrency, retirement, banking, credit cards, managed portfolios, prediction markets, tokenized assets and artificial intelligence-assisted investing. Record second-quarter 2026 revenue shows the diversification strategy gaining traction, but a demanding valuation, regulatory risks and continued exposure to trading cycles leave investors asking whether Robinhood can become a durable financial super-app.