A new market expansion (UK crypto trading) with zero-fee promotion can drive user activity and revenues over coming days/weeks, making it a meaningful positive catalyst for HOOD.
Robinhood Launches Crypto Trading in the UK CryptoProwl Mon, August 10, 2026 at 5:51 PM GMT+2 2 min read HOOD BTC-USD ETH-USD XRP-USD HYPE32196-USD Robinhood Launches Crypto Trading in the UK Robinhood Markets (NASDAQ: $HOOD) is expanding its crypto business in the UK, allowing eligible customers to trade more than 50 digital assets directly through its app alongside stocks, shares ISAs (Individual Savings Accounts), options and futures. The service, which begins rolling out this week, will offer zero trading fees, with no account maintenance or custody charges, the brokerage firm announced on Monday. Customers will be able to trade major cryptocurrencies, including Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH), XRP (CRYPTO: $XRP) and Hyperliquid (CRYPTO: $HYPE), through Bitstamp UK Ltd, which operates the crypto trading service.
More From Cryptoprowl: MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali MEXC Lists New Ondo Tokenized Stock Pairs Spanning AI Infrastructure, Semiconductor and Rare Earth Sectors Ethereum Foundation To Hire An A. I. Security Researcher Bernstein Sees 100% Upside In TeraWulf Stock After Earnings Bitcoin ETFs Attract $754 Million Of Capital "A new wave of UK investors sees digital assets as an important part of a diversified portfolio," Jordan Sinclair, president of Robinhood U.
K. and general manager of Bitstamp UK, said. Robinhood is also introducing Cortex Digests for Crypto, an AI-powered feature that analyzes market data, breaking news and technical indicators to explain factors behind crypto price movements in plain English.
The launch comes as Robinhood expands its broader crypto infrastructure in the UK. Its Layer 2 network, Robinhood Chain, built on Arbitrum, has recorded more than $18 billion in decentralized exchange trading volume and over $840 million in total value locked since its global launch on July 1, according to the company. In the second quarter of the year, Robinhood reported $100 million in crypto transaction revenue, down 38% from a year earlier, while revenue from prediction markets rose to $156 million, surpassing crypto for the first time.
Overall, Robinhood's net revenue climbed 32% year-over-year to $1. 31 billion, while net income rose 48% to $573 million. After strong Q2 results, Bank of America raised its price target for Robinhood to $140 from $132.
However, despite the bullish signal, the company's shares are down 19% in 2026, currently trading at around $93 apiece.
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