
Robinhood launches UK crypto trading with 50+ assets and zero fees. The FCA-registered service runs through Bitstamp UK. Cortex AI explains price moves. Revenue data shows crypto revenue fell 38%.
Robinhood has expanded its UK investing app into crypto, giving eligible customers access to more than 50 digital assets while adding an AI-powered tool to explain market moves.
UK customers can now buy and sell more than 50 cryptocurrencies, including Bitcoin, Ethereum, XRP and Hyperliquid, through Robinhood's main app. The service operates through Bitstamp UK, the crypto exchange Robinhood acquired for $200 million last year.
The company said there are no trading, custody or account maintenance fees. Customers will instead pay a 0.1% foreign exchange fee when converting currencies, while some weekend conversions carry a 0.3% fee.
The rollout follows Robinhood's registration with the Financial Conduct Authority on July 31. Bitstamp UK is also FCA-registered. Crypto assets held through the service are not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service, Robinhood said.
Alongside the trading launch, Robinhood introduced Cortex Digests for Crypto. The generative AI feature reviews breaking news, market data, technical indicators and Robinhood's own insights to explain what may be driving price movements. The company described it as a way to give users a market summary without digging through multiple sources.
Robinhood is also pushing its blockchain business through Robinhood Chain, a Layer 2 network built using Arbitrum technology. The network has recorded more than $18 billion in decentralized exchange trading volume and over $840 million in total value locked since its July 1 launch, the company said. Developers, including those in the UK, can build applications on the network.
The UK expansion comes ahead of the country's new crypto authorization regime. Applications are expected to open in September 2026, with the new framework scheduled to take effect in October 2027. Robinhood's current FCA registration will not replace the authorization required under that future system.
The push into UK crypto arrives as Robinhood's crypto transaction revenue fell 38% year over year to $100 million in Q2 2026. Total revenue rose 32% to $1.31 billion, while prediction-market revenue reached $156 million.
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