Robinhood (Crypto)

Investments · Trading
Robinhood (Crypto) header

Robinhood (Crypto)

Investments · Trading

Stock brokerage application

United States, Menlo Park
$1.7B
Total amount raised
2018
Year of establishment
Active
Status

About

Hi we’re Robinhood (Crypto)!


Robinhood Markets, Inc. is a U.S.-based financial services company headquartered in Menlo Park, California. The company offers a mobile app and website that offers people the ability to invest in stocks, ETFs, and options through Robinhood Financial and crypto trading through Robinhood Crypto.

On January 25, 2018, Robinhood announced a waitlist for commission-free cryptocurrency trading. At the end of the first day the waitlist had grown to more than 1,250,000. Robin began offering trading of Bitcoin and Etheruem to users in California, Massachusetts, Missouri, and Monday in February 2018. In May 2019, Robin announced that it received the BitLicense and a money transmitter license to operate in New York, whereas in October 2019, the company announced it had launched in another eight more states - Delaware, Kentucky, Louisiana, Maine, Maryland, Minnesota, Nebraska, and Vermont.

To date, Robinhood Crypto is now available in 46 states and Washington D.C, and plans to continue its expansion further.

Key objective

On a mission to democratize the financial system.

Slogan / Motto

It’s Time to Do Money

Use cases

Centralized Exchanges
Wealth Management

Team

Team members

Baiju Bhatt Co-Founder

Vlad Tenev Co-Founder

Products

Funding

Received funding
$1,712,000,000
Total amount raised
13
Rounds
69
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$200,000,000
Series G
D1 Capital Partners
$320,000,000
Series F
IVP (Institutional Venture Partners)
TSG Consumer Partners
Sutton Capital
$280,000,000
Series F
Sequoia Capital
New Enterprise Associates (NEA)
Ribbit Capital
9Yards Capital
Unusual Ventures
$50,000,000
Series E
DST Global
$323,000,000
Series E
DST Global
Kortschak Investments
New Enterprise Associates (NEA)
Ribbit Capital
Sequoia Capital
Terrence Rohan
Thrive Capital
N/A
Secondary
9Yards Capital
Chainfund Capital
Kevin Milden
Kingsley Advani
$363,000,000
Series D
CapitalG
DST Global
ICONIQ Capital
Kleiner Perkins
Sequoia Capital
$110,000,000
Series C
Arrive
DST Global
Greenoaks Capital
Index Ventures
New Enterprise Associates (NEA)
Thirty Five Ventures
Thrive Capital
$50,000,000
Series B
Index Ventures
Jordan Mendell
Machine Shop Ventures
New Enterprise Associates (NEA)
Nurzhas Makishev
Rainfall Ventures
Social Leverage
Susa Ventures
$13,000,000
Series A
Aaron Levie
Dave Morin
GV
Index Ventures
Jared Leto
Jordan Mendell
LAUNCH
Lee Linden
Nasir "Nas" Jones
Slow Ventures
Snoop Dogg
Social Leverage
Susa Ventures
$3,000,000
Seed
Andreessen Horowitz
Dr. E. Bora Uygun
Elefund
GV
Howard Lindzon
Index Ventures
IT Ventures
Kevin Moore
LocalGlobe
QueensBridge Venture Partners
Susa Ventures
Tim Draper
Todd Corenson
N/A
Seed
Rothenberg Ventures
N/A
Seed
Tim Draper

News

Robinhood Overwhelmed by Dogecoin Selloff After SNL Mention

Robinhood began experiencing trading problems while Dogecoin lover Elon Musk was hosting SNL.


7 days ago


General news
Robinhood (Crypto)
Dogecoin

SEC chair Gensler asks Congress to work on framework for investor protections for crypto exchanges

Gensler is already getting the SEC to react to Robinhood volatility. The post SEC chair Gensler asks Congress to work on framework for investor protections for crypto exchanges appeared first on The Block.


9 days ago


Regulation/Legal
U.S. Securities and Exchange Commission (SEC)
Robinhood (Crypto)

Robinhood CEO holds up crypto exchanges as model for faster stock settlement

Tenev also reaffirmed Robinhood's commitment to letting users move coins off of the platform in a conversation with Paxos CEO Charles Cascarilla. The post Robinhood CEO holds up crypto exchanges as model for faster stock settlement appeared first on The Block.


11 days ago


Opinion
Robinhood (Crypto)
Paxos Trust Company, LLC. (itBit)
Paxos

Gemini Adds Dogecoin as Trading Frenzy Crashes Robinhood Again

Dogecoin continues to soar. It's now trading above $0.50 at a $66 billion market cap.


11 days ago


Listing asset (exchange focused)
Gemini
Dogecoin
Robinhood (Crypto)

Mark Cuban: Dogecoin Growth Limited by Robinhood’s Withdrawal Policy

The billionaire investor and DOGE enthusiast called out the mobile trading app, but Robinhood says it’s working on a solution.


18 days ago


Opinion
Dogecoin
Robinhood (Crypto)