Robinhood just reported 100K Agentic Trading accounts and over $100M in assets under custody. Equities, options, and crypto, all executed by AI agents.
If we look at the numbers, that’s roughly $1,000 per account. Nobody is betting their pension on this yet.
That’s not the story. The story is that 100,000 retail users handed an agent execution rights over a live trading account inside one quarter, and compliance signed it off, crypto included.
The hard part of the agent economy was never capability. Models could place trades two years ago. The hard part was permission: who is liable, what the agent is allowed to touch, and whether a regulated venue will let software act on a person’s behalf with real money.
A major US broker just answered that in production.
Once agents can hold budget and execute, everything downstream becomes a demand problem, not a technology problem. What do you point them at, and who composes the workflow?
$1,000 average balances become $10,000 balances the moment trust compounds. That is a much shorter curve than building the rails was.