Robinhood Markets Inc. (HOOD) is a California-based financial technology (fintech) company that operates an online discount brokerage with commission-free trading. Using its web- and mobile- based platforms, investors can buy and sell stocks, exchange-traded funds (ETFs), options, and American depositary receipts (ADRs). They can also invest in certain cryptocurrencies. In June 2024 Robinhood announced plans to purchase Bitstamp, a European crypotocurrency exchange. Robinhood makes money in many ways, notab ...