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Arkham Tags Robinhood Wallets Across 12 Chains Holding $24.96B in Crypto

Arkham said it has labeled Robinhood’s wallets across 12 blockchains, including the Bitcoin network and Robinhood Chain, holding roughly $24.96 billion in crypto assets. The holdings include 185,185 BTC worth about $15.59 billion and roughly $2.88 billion in DOGE. The disclosure, dated October 1, covers the exchange’s on-chain addresses identified by the analytics platform.

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AI take

Labeling a large brokerage's on-chain footprint matters because it converts previously opaque custody balances into attributable, trackable data — a step toward the transparency that institutional and RWA participants tend to demand. The scale of the tagged BTC and DOGE positions implies retail-facing flows now sit visibly on public ledgers, which cuts both ways: it invites closer scrutiny of how such reserves are held and moved. Whether other analytics firms corroborate or extend these labels, and how the exchange itself responds, is the open question.

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