Robinhood holds about $25B in crypto across 12 chains, Arkham data shows

Robinhood’s crypto wallets hold about $25 billion in digital assets spread across 12 blockchains, according to on-chain data from Arkham Intelligence. That puts the retail brokerage in rarefied company. Arkham ranks it 10th among all entities it tracks by visible on-chain balances. What’s inside Robinhood’s wallets Arkham’s attribution covers approximately 1.7 million addresses linked to Robinhood. One snapshot of the combined balance came in at approximately $24.78 billion. Bitcoin is the anchor. Robinhood’s wallets hold roughly 185,185 BTC, valued at approximately $15.46 billion. Ether comes second, with about 1.576 million ETH worth approximately $4.23 billion. Dogecoin holds third place, with roughly 30.434 billion DOGE worth approximately $2.86 billion. One important caveat: these are largely aggregated customer custody wallets. This is not Robinhood’s corporate treasury. Why the token mix stands out Institutional custodians tend to hold portfolios that look like a sensible index fund. Lots of Bitcoin, a healthy slice of Ether, and not much else. The Dogecoin allocation signals that its users lean much harder into meme assets than the clients of more institution-focused custod...