Robinhood has brought in more than $453 million in order flow payments this year as it eyes a potential IPO

Quick Take

  • Robinhood has raked in nearly half a billion this year from payment for order flow. 
  • The amount represents a slight increase from the previous quarter.
  • A surge in retail trading has made 2020 a landmark year as the firm eyes a potential IPO in 2021.
Millennial-friendly crypto and stock brokerage Robinhood has generated nearly half a billion dollars in order flow payments in 2020.

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly


per year
Join Now


per month
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Related Reading

Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
Read Full Story
Aug 11, 2021, 5:18PM UTC