Robinhood Opens UK Crypto Trading With 50+ Tokens via Bitstamp

Robinhood began rolling out cryptocurrency trading to eligible UK customers this week, integrating more than 50 digital assets into its main investing app through Bitstamp UK Ltd, the exchange it acquired for $200 million in 2025. The launch adds crypto alongside stocks, ISAs, options, and futures already available in the app, following Robinhood UK’s registration with the Financial Conduct Authority as a cryptoasset firm on July 31. The rollout arrives days after Robinhood disclosed a 38% year-over-year drop in quarterly crypto revenue.

Zero Trading Fees, But FX Charges Apply

Robinhood is offering the service with no trading fees, account maintenance fees, or custody fees. Customers will instead pay a 0.1% foreign exchange fee on conversions, rising to 0.3% on certain weekend transactions. The initial lineup includes Bitcoin, Ether, XRP, and Hyperliquid’s HYPE among more than 50 listed assets, accessed through Bitstamp’s infrastructure rather than a separate exchange interface.

“A new wave of UK investors sees digital assets as an important part of a diversified portfolio,” said Jordan Sinclair, president of Robinhood UK Ltd and general manager of Bitstamp UK Ltd, adding that the launch marks “another major step toward becoming the all-in-one investment platform for the UK.” Bitstamp UK’s FCA registration confirms compliance with anti-money-laundering rules, but crypto assets held through the platform are not protected by the Financial Services Compensation Scheme or the Financial Ombudsman Service, meaning standard UK consumer protections for cash and securities don’t extend to crypto holdings.

Alongside the launch, Robinhood introduced Cortex Digests for Crypto in the UK, a generative AI tool that analyzes breaking news, market data, and technical indicators to explain in plain language what is driving price movements in a given token.

Crypto Revenue Falls as Other Segments Surge

The UK expansion comes as Robinhood’s crypto business faces headwinds elsewhere. In second-quarter results reported July 29, the company posted record total net revenue of $1.31 billion, up 32% year-over-year, and net income of $573 million, up 48%. Crypto transaction revenue fell 38% to $100 million even as total crypto trading volume reached $40 billion for the quarter, split between $18 billion on Robinhood’s own app, down 35% year-over-year, and $22 billion through Bitstamp. Event contract and prediction market revenue jumped more than tenfold to $156 million, surpassing crypto trading revenue for the first time in company history.

Robinhood is betting its own blockchain infrastructure can reverse the trend:

• Robinhood Chain, a permissionless layer-2 network built on Arbitrum, went live on mainnet July 1 after months of testing
• CEO Vlad Tenev has said the chain became the fastest EVM-compatible network to reach 100 million transactions, with billions of dollars in cumulative decentralized exchange volume since launch, though early activity has been driven partly by memecoin trading rather than the tokenized real-world assets the chain was designed around

Conclusion

Robinhood’s UK crypto launch expands its addressable market at a moment when crypto trading revenue is shrinking as a share of the company’s overall business. The bet is less about reviving crypto trading volumes directly and more about bundling digital assets into a single platform alongside stocks, ISAs, and prediction markets, an approach that has already driven Robinhood’s broader growth this year. Whether UK demand offsets the domestic slowdown will depend on how many British investors treat crypto as a core holding rather than a peripheral one, the same question Robinhood is still working out in its home market.