Coinpedia

Robinhood

Robinhood profile covering its acquisition, funding, investment, revenue, team, products, regulations, and security.

Decentralised ExchangeCentralised Exchange

United Statesrobinhood.comFounded 2013

About

Robinhood is a global financial services platform that brings stock trading, crypto trading, options, ETFs, futures, prediction markets, retirement investing, wealth management, and private-market access in one platform. Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood Markets, Inc. is headquartered in Menlo Park, California, and is publicly traded on Nasdaq under the ticker HOOD. Robinhood first gained attention by making commission-free stock trading more accessible. Since then, it has grown into a broader financial super app covering equities, cryptocurrency, retirement accounts, margin, Robinhood Gold, prediction markets, and professional trading tools. Its current focus also extends to tokenization, Robinhood Chain, agentic trading, private markets, and global crypto expansion through Bitstamp. Robinhood Details Attribute Details Stock Ticker HOOD Stocks & ETFs U.S.-listed stocks, ETFs, CEFs and selected other securities Crypto Bitcoin, Ethereum, Dogecoin, Solana, XRP and a broad range of other digital assets Prediction Markets Event contracts covering sports, politics, economics, crypto, technology, commodities and other events Retirement Products Traditional IRA, Roth IRA and managed retirement accounts Subscription Product Robinhood Gold Crypto Infrastructure Robinhood Crypto and Bitstamp Blockchain Initiative Robinhood Chain Institutional Crypto Bitstamp institutional trading, custody-related infrastructure, API, and crypto services Trading Platform Robinhood app, web, and Robinhood Legend Key Features of Robinhood: • • Free trading of U.S. stocks, ETFs, cryptocurrencies, and even options trading. • Fractional shares allow users to invest in high-value stocks with low amounts. • Instant deposits and a chance to choose margin trading using Robinhood Gold. • Robo-advisor-style portfolio management, assisting users in diversifying their portfolios. Robinhood Regulations and Security Robinhood is a regulated American financial platform registered with the SEC and FINRA. User information is protected using BCrypt password hashing and encryption, with two-factor authentication (2FA) available. Regulatory Oversight • • SEC Registered: Robinhood Financial LLC is a registered broker-dealer with the Securities and Exchange Commission (SEC). • FINRA Member: Robinhood adheres to FINRA’s rules regarding compliance audits and capital requirements. Core Security Infrastructure • • Data Encryption: Personal information, such as Social Security numbers, gets encrypted. • BCrypt Hashing: Robinhood does not store passwords as plain text. Passwords are secured with the help of the BCrypt hashing technique. • Transport Security: Strong TLS configurations are used for web/mobile connectivity. • Account Controls: Optional two-factor authentication provides the ability to generate codes on a phone while logging in on a different device. • Crypto Safeguards: Crypto withdrawals are blocked by default, which avoids draining assets. Robinhood Products Product Description Robinhood Stocks, ETFs, options, crypto, futures, and investing Robinhood Crypto Cryptocurrency trading and transfers Robinhood Wallet Self-custody crypto wallet Robinhood Gold Premium investing and financial membership Robinhood Legend Advanced trading platform Robinhood Retirement Traditional and Roth IRA investing Robinhood Strategies Managed investment portfolios Prediction Markets Event contracts across sports, politics, economics, and more Robinhood Stock Tokens Tokenized exposure to selected stocks and ETFs Robinhood Chain Blockchain infrastructure for tokenized assets and DeFi Bitstamp Global crypto trading platform acquired by Robinhood

Team (30)

+18 more

Funding

  • Series F to ZRibbit Capital3,40,00,00,00029 Jan 2021
  • Series F to Za16z crypto3,40,00,00,00029 Jan 2021
  • Series F to ZSequoia Capital3,40,00,00,00029 Jan 2021
  • Series F to ZIndex Ventures3,40,00,00,00029 Jan 2021
  • Series F to ZICONIQ3,40,00,00,00029 Jan 2021
  • Series F to ZNew Enterprise Associates3,40,00,00,00029 Jan 2021
  • Series F to Za16z crypto66,00,00,00001 Sept 2020
  • Series F to ZSequoia Capital66,00,00,00001 Sept 2020

+24 more rounds

FAQs

  • Robinhood is a retail trading platform offering commission-free trading of stocks, ETFs, and cryptocurrencies.