On September 12th, Robinhood is committed to becoming a heavyweight player in the cryptos field. Robinhood is strengthening its crypto team, has launched crypto trading services in the EU, and acquired the Bitstamp exchange for 0.2 billion USD. In a report on Wednesday, Bernstein analysts wrote that these efforts will drive Robinhood's revenue to approximately 0.9 billion USD in 2024, with a market cap between 19 billion and 23 billion USD by 2025. Robinhood is expected to achieve 3.4 billion USD in revenue by 2025. Bernstein stated that the company has seen tailwinds, including demographic trends, with about 60% of Robinhood's assets coming from clients under the age of 43. In the past decade, millennials have created about 1% of American household wealth. With Robinhood increasing its offerings of cryptos, stocks, derivatives, and savings products to young demographics, this figure has risen to around 10%.