Robinhood - Page 2

Robinhood refers to a financial technology company that operates a commission-free trading platform for stocks, options, and cryptocurrencies. Founded in 2013, it aims to democratize finance by making investing accessible to a broader audience, especially those who may have previously felt excluded from investing due to high fees and complicated processes. The platform is known for its user-friendly mobile app and website, allowing users to easily buy and sell financial assets. Robinhood gained significant attention during the GameStop trading frenzy in early 2021, which brought issues of market volatility and trading restrictions to the forefront. The name “Robinhood” itself evokes the legendary figure who is known for taking from the rich and giving to the poor, aligning with the company's mission to empower everyday investors.