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, options, index options, futures contracts, outcomes 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, as well as a news website, Sherwood.News. The company's revenue comes from payment for order flow and commissions on options, cryptocurrency, equities, and other products such as futures and event contracts; net interest income, and other sources. The company has 27.4 million funded customers and $279 billion in assets under custody. Its platform is available in the U.S., the UK, and, for trading cryptocurrency and tokenized stocks and ETFs only, in the European Union. Approximately 2 billion option contracts are traded annually on the Robinhood platform. The company is named after Robin Hood, based on its mission to "provide everyone with access to the financial markets, not just the wealthy". Wikipedia