Robinhood expands AI agents to crypto trading as CEO predicts they'll soon rival human traders

Robinhood to Launch AI Agent Feature For Crypto Trading

More than 70,000 agentic accounts have already been created by Robinhood equities and options traders since late May, when Robinhood launched a beta version of the product. Robinhood said eligible US-based customers will soon be able to connect third-party AI agents to make crypto trades on their behalf, marking the latest expansion in autonomous trading after the company rolled out a similar product to equities and options traders in May. "You can work with an agent to create a strategy with specific guardrails and not need to be constantly monitoring your account," a Robinhood executive said during a presentation on Friday. Robinhood didn't set a date for when it would roll out the product to eligible US crypto traders but noted that its UK customers would be next in line to access the offering. Equities traders can already ask AI agents to invest in crypto mining stocks on their behalf. Source: Robinhood The push for autonomous crypto trading adds to Robinhood's broader crypto strategy, which has primarily focused on real-world asset tokenization and the company's Ethereum layer 2 Robinhood Chain, which launched earlier this month. Robinhood's senior vice president and general manager of crypto, Johann Kerbrat, said the new blockchain processed 17 million transactions from nearly 350,000 wallet addresses in its first week. Meanwhile, over 70,000 agentic accounts have already been created by Robinhood equities and options traders since late May, when the platform launched a beta version of the product. AI agents serve to even the playing field During the presentation, the Robinhood executive said the AI agents would enable retail users to base trades on data that they would have otherwise missed, putting them on a more equal playing field with institutions: "This is another big step towards giving retail investors every advantage that institutions have enjoyed for decades." Robinhood offers the agentic accounts through several third-party AI companies, including Anthropic, OpenAI and SpaceX's Grok. Robinhood is also enabling eligible users to have credit card purchases made on their behalf by AI agents. It comes as crypto industry executives like Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire have tipped that AI agents will become the dominant users of blockchain payments in the next few years. AI agent crypto payment integrations are also taking place Several notable integrations advancing AI agent-driven stablecoin spending have emerged in recent months, including one by Amazon Web Services in May when it integrated Coinbase's x402 payments protocol into Amazon Bedrock AgentCore, allowing agents to transact in the USDC (USDC) stablecoin. In April, crypto wallet startup Oobit launched a Visa-supported virtual card for AI agents to make online purchases in USDt (USDT) on behalf of businesses. AI agent payments adoption lagging Despite the integrations, data shows that AI-agent transaction activity on the blockchain remains relatively small, with Artemis data showing that only $2 million in transaction volume was facilitated through the AI agent-supported x402 protocol in June.

Robinhood CEO Predicts That AI Agents Will Catch Up to Human Traders 'Soon'

He said that consumer-facing AI agents are the way to deliver that sophistication to standard retail investors. AI agents, or AI that can carry out tasks on a user's behalf with minimal intervention, are about to occupy the same space as human traders on investing app Robinhood. Robinhood CEO Vlad Tenev predicts that AI agents will soon be able to match everything a retail investor can do at the keyboard. In a recent interview with CNBC, Tenev said that the company is pushing AI agents to ensure that "every capability a human can do will be available to an AI agent." Drawing on his experience with programmatic trading before Robinhood, Tenev noted that a significant portion of trading activity is already AI-powered, but those tools have largely been reserved for Wall Street firms rather than everyday investors. He said that consumer-facing AI agents are the way to deliver that sophistication to standard retail investors. "The end state of agentic trading at Robinhood is to give the everyday person access to the same tools, the same computation, the same power that institutional investors in high-frequency trading firms have been enjoying for several decades," Tenev told CNBC, framing the initiative as the next step in Robinhood's mission to democratize finance. Tenev told CNBC that AI agents are quickly closing the gap with human traders. He suggested that parity in capabilities could arrive "soon" rather than years down the road. At the same time, Tenev stressed that many traders love the craft of trading itself and that there will "always be a human element to it" with human beings ultimately "calling the shots." Robinhood has introduced AI agent products Tenev's comments build on products that Robinhood started rolling out in May. The brokerage introduced agentic trading accounts and an agentic credit card that lets AI agents trade stocks and make purchases on a customer's behalf. In practice, the agents can implement specific strategies or shop for deals and execute purchases using virtual credit cards linked to set budgets. Robinhood says customers receive notifications whenever an agent trades or spends, and can shut the agent off instantly or require manual approval for transactions to keep a human in the loop. Robinhood's earnings miss Robinhood's April earnings miss underscored how dependent the brokerage remains on volatile crypto trading, even as new products gain traction. For the first quarter of 2026, Robinhood reported net income of $346 million, or $0.38 per share, and revenue of $1.07 billion, both rising year-over-year but falling short of Wall Street forecasts for $0.39 per share and $1.139 billion in revenue. Crypto transaction revenue plunged 47% from a year earlier amid a digital asset slump, while options and interest income grew but were still behind analyst expectations. Robinhood has nearly 28 million users across 38 countries and three continents, the company said in a statement last week. Last month, Robinhood laid off about 10% of its workforce, or about 290 employees.

ai trading: Robinhood CEO says AI agents will soon rival human traders, manage portfolio

The company had in May unveiled tools that allow AI agents to trade stocks and make purchases on behalf of users. The company said its users can create a dedicated trading account, separate from their primary one, and have AI agents trade ⁠on ⁠their behalf. AI agents are on track to become as capable as human traders, according to Vlad Tenev, US financial services company Robinhood's chief executive officer. Speaking to CNBC, Tenev said the long-term vision behind "agentic trading" is to enable AI systems to perform nearly every task that a human trader can, such as researching investments and executing trades to managing portfolios. Tenev said that such tools could give retail investors access to capabilities that have traditionally been reserved for large financial institutions. Large trading firms have long relied on sophisticated technology and automation to gain an edge, and Robinhood wants to make similar capabilities accessible to retail investors, Tenev told CNBC. The company had in May unveiled tools that allow AI agents to trade stocks and make purchases on behalf of users. The company said its users can create a dedicated trading account, separate from their primary one, and have AI agents trade ⁠on ⁠their behalf. Tenev had said the aim is not simply to make trading faster but to narrow the gap between institutional and individual investors. Meanwhile, Robinhood had last month announced a fresh round of job cuts, laying off around 290 employees, or roughly 10% of its full-time workforce. In his message to employees, Tenev had explained that the restructuring is aimed at maximising what he called "talent density" to ensure the company is staffed with highly skilled employees who can take on greater responsibility. The AI push reflects a wider race across the technology industry to develop agents that can independently complete complex tasks with limited human intervention. Leading AI companies, including OpenAI and Anthropic, have been investing heavily in the technology, which is seen as the next major evolution of artificial intelligence.