Robinhood and Jump Trading No Longer Have Crypto Partnership: Source

The retail broker’s entry into crypto several years ago was powered by Jump Trading, which is a giant in traditional financial markets.

by Chicago-based juggernaut Jump Trading, is no longer doing business with the firm, a person familiar with the matter told CoinDesk.

Intel from the source adds to little-noticed public evidence their relationship had changed. Robinhood’s financial reports haven’t mentioned Tai Mo Shan Ltd. – the Jump affiliate that handled Robinhood’s order flow – since the fourth quarter of 2022.

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