Robinhood Markets, Inc. (HOOD)

Robinhood, founded in 2013, is a financial technology company whose mission is to democratize finance by providing accessible, low-cost investing and financial services through mobile-first and desktop platforms, including its flagship app and Robinhood Legend, a browser-based trading platform for active traders. The company's core brokerage business offers commission-free trading in U.S.-listed stocks, ETFs, options (including newly available index options), and ADRs, alongside fractional share investing, recurring investments, margin lending, and a Fully-Paid Securities Lending program that lets customers earn income on their holdings. Additional brokerage features include a cash sweep program with FDIC-eligible partner bank deposits, instant withdrawals, retirement accounts (traditional and Roth IRAs with matching contributions), 24-hour trading for stocks and ETFs, joint investing accounts, prediction markets (event contracts regulated by the CFTC, expanded through the Rothera joint venture with SIG following its acquisition of MIAXdx), futures trading across multiple asset classes, and newly launched short selling capabilities.

Robinhood has expanded internationally, offering most brokerage services in the U.K. through RHUK, including multi-currency wallets and stocks and shares ISAs, and providing EU customers access to U.S. equity exposure via stock tokens. In cryptocurrency, Robinhood operates RHC in the U.S. (supporting 58 cryptocurrencies) and RHEU in the EU (supporting 74 cryptocurrencies), offering trading, recurring investments, staking, crypto transfers, a fiat-to-crypto on-ramp (Robinhood Connect), a trading API for advanced users, and perpetual futures for EU customers; the 2025 acquisition of Bitstamp, a global crypto exchange, has accelerated its European expansion. The company employs a secure custody model using hot and cold wallets, multi-party computation, and hardware security, and does not commingle customer assets or engage in proprietary crypto trading.

Separately, Robinhood offers a self-custody Web3 wallet in over 150 countries through its Cayman Islands subsidiary, supporting multiple blockchain networks and giving users full control of their private keys. Overall, Robinhood positions itself as a technology-driven financial platform aiming to make investing simple, accessible, and affordable across asset classes and geographies while emphasizing regulatory compliance, security, and customer trust.