Robinhood Crypto: The fine print behind 'free' crypto trading

Robinhood is an incredibly impressive company: pioneering unlimited free trading in the U.S., first of stocks, then of cryptocurrencies, and options. Founded in 2013, Robinhood has grown unto a behemoth with a $5.6 billion valuation, $539 million raisedmore than 5 million customers and copycat services such as banking giant J.P. Morgan Chase's You Invest. Against this backdrop of incredible growth, the company is seeking a CFO as it prepares for an IPO in the medium term.

A public offering will certainly bring greater scrutiny, particularly about how it is able to turn a profit while offering commission-free trading. As the old saying goes: "If you're not paying, you are the product." This is the case for Robinhood customers, whose order flow