Devin Ryan's questions to Robinhood Markets Inc (HOOD) leadership • Q1 2025
Question
Devin Ryan of Citizens JMP asked about crypto engagement following a record fourth quarter, customer sentiment amid market pullbacks, and the company's urgency to expand its crypto offerings.
Answer
CEO Vladimir Tenev acknowledged the volatility in trading volumes but emphasized that Robinhood focuses on gaining market share. He confirmed the team is actively making improvements for traders, increasing selection, and developing smart exchange routing. He highlighted that the business is diversifying both outside of and within crypto to reduce reliance on transaction volumes.