Robinhood Ends Crypto Partnership with Jump Trading – What’s Going On?
Jump Trading was announced as the first liquidity provider to Robinhood Crypto in 2019. Unfortunately, the partnership between the two companies has recently ended. The exact reason for the end of the partnership is not known, but speculation suggests that it may be due to regulatory concerns. Robinhood has recently been involved in a number of legal issues, which could have caused the partnership to end abruptly. Furthermore, some have speculated that the end of the partnership is related to Robinhood’s recent acquisition of Clear Markets, a financial services provider. It is possible that Clear Markets plans to develop its own cryptocurrency trading services, which could have led to a conflict of interest.