The Rollup Is Robinhood About to Become the World's Financial Super App? with Johann Kerbart
May 6, 2026
Johann Kerbart, SVP & GM of Crypto at Robinhood who led the business to $1B in crypto revenue, talks tokenization, perps, prediction markets, and bringing DeFi UX to mainstream users. He discusses routing and exchange strategy, stablecoin yield clarity, and Robinhood’s vision for global asset access and DTCC tokenization efforts.
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Robinhood Scaled Crypto To A $1B Business
- Robinhood grew crypto from an experiment to a billion-dollar revenue business by expanding custody, staking, transfers, wallets, and Europe launch.
- Johann Kerbart stressed building features now while market is calm to be ready for the next upcycle.
Prediction Markets Let Retail Hedge Macro Risks
- Prediction markets surged with 320% search growth because they let retail hedge macro and thematic risks (rates, AI) without picking single stocks.
- Kerbart called prediction markets one of Robinhood's fastest growing businesses and proof of the super app value.
Route To Multiple Exchanges Instead Of Owning All Execution
- Treat exchanges as interchangeable execution layers and route to multiple venues rather than vertically integrating everything.
- Robinhood already routes crypto and equities to multiple market makers and is partnering on a JV exchange for event contracts.