Robinhood's Crypto Holdings Top $25 Billion Across 12 Blockchains

Retail brokerage Robinhood holds approximately $25 billion in digital assets across 12 blockchains, according to on-chain data from Arkham Intelligence.

The company's crypto wallets rank it 10th among all entities tracked by Arkham, with about 1.7 million addresses linked to Robinhood having a combined balance of around $24.78 billion.

The largest holdings are in Bitcoin (BTC), with roughly 185,185 BTC valued at approximately $15.46 billion, followed by Ether (ETH) with about 1.576 million ETH worth around $4.23 billion, and Dogecoin (DOGE) holding third place with roughly 30.434 billion DOGE worth approximately $2.86 billion.

The mix of assets in Robinhood's wallets stands out from typical institutional custodians, which tend to hold a diversified portfolio resembling an index fund. The significant allocation to Dogecoin suggests that its users lean heavily into meme assets, which can be prone to sharp price swings due to community enthusiasm alone.