Robinhood

Robinhood made stock trading free and, in the process, brought a generation of new investors into the market. Its app pioneered zero-commission trades of stocks, options and crypto, and it makes money in less visible ways instead, chiefly by routing orders to market makers and earning interest on customer cash and margin loans. That model drew scrutiny, especially during the 2021 meme-stock frenzy that made Robinhood a household name, but it also proved lucrative as the company expanded into retirement accounts, a credit card and crypto services. Vladimir Tenev and Baiju Bhatt founded it in 2013, and it went public in 2021. Based in Menlo Park, California, Robinhood is a high-beta bet on retail trading activity: its revenue swells when markets are hot and volumes are high, and thins when investors lose interest. Rising crypto engagement has lately been a major driver.

On MyRWA, HOOD trades tokenized across 46 on-chain venues - see the listings below.