Share this article
Make us preferred on Google
Founded in 2013 by Vladimir Tenev and Baiju Bhatt, Robinhood is a no-commission brokerage company based in Menlo Park, California. Robinhood offers a smartphone app that allows individuals to invest in public companies, exchange-traded funds listed on the U.S. stock exchanges, trade options and invest in bitcoin and other cryptocurrencies without paying a commission.
Robinhood formally launched cryptocurrency trading in 2018 by allowing users in 5 different US states to trade 14 cryptocurrencies. Later that year, the company announced a $363 million funding round with the aim of making Robinhood the largest cryptocurrency trading platform. In 2019, Robinhood received their BitLicense for New York State, allowing users to trade 7 different cryptocurrencies.
Authored by John Metais. Image via Shutterstock.
More For You
How to Buy Solana
Buying solana (SOL) is straightforward, but with numerous crypto exchanges on the market, it's crucial potential investors consider other key factors before making a purchase.
Top Stories
