Robinhood
CompanyRobinhood Markets, Inc. is an American financial services company based in Menlo Park, California. It provides an electronic trading platform that facilitates trades of stocks, exchange-traded funds (ETFs), options, index options, futures contracts, event contracts on prediction markets, and cryptocurrency. It also offers cryptocurrency wallets, wealth management, credit cards and other banking services, some in partnership with banks insured by the FDIC, and operates a venture capital arm as well as an independent media subsidiary, Sherwood.News.
From Wikipedia, licensed under CC BY-SA 4.0. Shown as published there.
Facts
- Country
- United StatesSource: Wikidata
- Founded
- 2013Source: Wikidata
- Founded by
- Baiju Bhatt, Vlad TenevSource: Wikidata
- Headquarters
- Palo AltoSource: Wikidata
- Sector
- Financial servicesSource: Wikidata
- Listed on
- Nasdaq (HOOD)Source: Wikidata
- Official website
- www.robinhood.comSource: Wikidata
- Wikipedia
- Read on WikipediaSource: Wikidata
Security timeline
- In the news by BeInCryptoHouse memo urges limits on officials' prediction market bets
- In the news by Bitcoin MagazineRobinhood crypto volume falls 48% in October as event contracts more than double
- In the news by ProtosRobinhood, Kalshi and Crypto.com seek Supreme Court ruling on prediction market wagering tax
Recent news
House memo urges limits on officials' prediction market bets
A November 13 memo from House Oversight staff asks Congress to ban or tightly limit officials in all branches from trading on government and political prediction market contracts, even without inside information. The memo cites three CFTC cases, including a $1.2 million trade on Polymarket.com that the CFTC alleges used nonpublic search data. The Senate already barred senators and their staff in April, and the Department of War has barred personnel from using prediction markets for personal gain.
Robinhood crypto volume falls 48% in October as event contracts more than double
Robinhood's crypto volume across its app and Bitstamp fell to $17 billion in October, down 21% from September and 48% from October 2025. Event contract volume reached 5.9 billion contracts, up 136% year on year. The drop coincides with bitcoin falling below $70,000 and US spot bitcoin ETFs logging six straight days of net outflows.
Robinhood, Kalshi and Crypto.com seek Supreme Court ruling on prediction market wagering tax
Robinhood, Kalshi and Crypto.com have asked the US Supreme Court to review losses in cases brought by Nevada and New Jersey over their sports event contracts. The companies argue these are not taxable wagers and have not been collecting federal wagering tax, and responses in all three cases are due on 7 December. Robinhood has warned that an unfavourable tax ruling could be material and make event contracts uneconomical.