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Robinhood (company)
US-based financial services company
Robinhood (company)
Robinhood 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. The company has more than 27 million funded customers and $307 billion total platform assets. Its platform is available in the U.S., the UK, and, for trading cryptocurrency and tokenized stocks and ETFs, in the European Union. Bitstamp, its cryptocurrency exchange, holds licenses in Singapore, Luxembourg, the UK, Slovenia and the U.S. The company does not allow trading in mutual funds, preferred stocks, bonds, some high-risk penny stocks, and...
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