--- title: "Robinhood Crypto, LLC · (FinCEN) · United States | Elucidate" description: "Robinhood Crypto, LLC is registered with FinCEN for anti-money-laundering supervision as a in the United States. LEI 25490096X919AKOALC13. Register status, licences, activities and ownership." url: https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5 --- 1. [Directory](https://elucidate.co/directory) 2. [United States](https://elucidate.co/directory/country/us) 3. Robinhood Crypto, LLC United States · Money service business # Robinhood Crypto, LLC Robinhood Crypto, LLC is a limited liability company headquartered in Menlo Park, California, with its legal address in Dover, Delaware. It holds money transmitter licences from US state regulators under NMLS ID 1702840. The New York State Department of Financial Services (NYDFS) licenses it to engage in virtual currency business activity. It is registered with FinCEN as a money services business. It is a wholly owned subsidiary of Robinhood Markets, Inc. It offers retail customers in the United States crypto trading, custody, wallet transfers and staking through the Robinhood app. Register status Registered for AML supervision in the United States FinCEN AML registration only [1 licence or registration ↓](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#licences) BIC **No BIC** LEI **[25490096X919AKOALC13](https://search.gleif.org/#/record/25490096X919AKOALC13)** [Licence no. **Not published by the register**](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#licences) [Group: Robinhood Markets, Inc.](https://elucidate.co/directory/group/213800FS5AO3YWIE6F63) ## Licences and registrations Held by Robinhood Crypto, LLC (LEI 25490096X919AKOALC13). 1 entry on 1 of the 22 tracked registers, retrieved 24 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [MSB Registrant Search](https://elucidate.co/directory/register/fincen-msb) FinCEN | —Money Transmitter / Remittance | Not published by the register | [United States](https://elucidate.co/directory/country/us) | Active | 2026-05-06 | — | - Money remittance - Other money services | [Search the register ↗](https://www.fincen.gov/msb-registrant-search) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#overview-sources) Customers 28,400,000 customers · Group · 30 Jun 2026 · [interim report ↗](https://investors.robinhood.com/news-releases/news-release-details/robinhood-reports-second-quarter-2026-results) Employees Not published Ownership Group subsidiary 100% Robinhood Markets, Inc. Firm type Crypto exchange or broker Trades as Robinhood Crypto - **Ownership:** Robinhood Markets, Inc., whose shares are listed on Nasdaq, owns 100% of the firm. - **Direct parent:** [Robinhood Markets, Inc. ↗](https://search.gleif.org/#/record/213800FS5AO3YWIE6F63), United States 100% - **Head office:** 85 Willow Road, 94025 Menlo Park, United States (registered office: C/O Incorporating Services, Ltd., 3500 South DuPont Hwy, Dover, DE 19901, United States) ### Online - **Websites & references:** [robinhood.com ↗](https://robinhood.com/) [docs.robinhood.com ↗](https://docs.robinhood.com/crypto/trading) crypto trading API documentation - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/robinhood) · [X ↗](https://twitter.com/RobinhoodApp) · [Instagram ↗](https://www.instagram.com/robinhoodapp) · [YouTube ↗](https://www.youtube.com/channel/UCY55VHsy1umgvR35gl5bmUw) · [TikTok ↗](https://www.tiktok.com/@robinhoodapp) Sources · 13 pages consulted 1. [cdn.robinhood.com/assets/robinhood/legal/RHC%20Licenses%20and%20Disclosures.pdf](https://cdn.robinhood.com/assets/robinhood/legal/RHC%20Licenses%20and%20Disclosures.pdf) 2. [robinhood.com/us/en/crypto-customer-agreement/](https://robinhood.com/us/en/crypto-customer-agreement/) 3. [robinhood.com](https://robinhood.com/) 4. [robinhood.com/us/en/support/articles/crypto/](https://robinhood.com/us/en/support/articles/crypto/) 5. [oag.ca.gov/news/press-releases/attorney-general-bonta-secures-39-million-settlement-cryptocurrency-c](https://oag.ca.gov/news/press-releases/attorney-general-bonta-secures-39-million-settlement-cryptocurrency-company) 6. [robinhood.com/us/en/newsroom/sec-closes-investigation-into-robinhood-crypto-with-no-action/](https://robinhood.com/us/en/newsroom/sec-closes-investigation-into-robinhood-crypto-with-no-action/) 7. [investors.robinhood.com/management/johann-kerbrat](https://investors.robinhood.com/management/johann-kerbrat) 8. [investors.robinhood.com/news-releases/news-release-details/robinhood-reports-second-quarter-2026-results](https://investors.robinhood.com/news-releases/news-release-details/robinhood-reports-second-quarter-2026-results) 9. [investors.robinhood.com/static-files/15576d76-2d02-4aea-a40d-48e694c04a4b](https://investors.robinhood.com/static-files/15576d76-2d02-4aea-a40d-48e694c04a4b) 10. [robinhood.com/us/en/support/articles/crypto-security/](https://robinhood.com/us/en/support/articles/crypto-security/) 11. [robinhood.com/us/en/newsroom/this-year-in-crypto-2025/](https://robinhood.com/us/en/newsroom/this-year-in-crypto-2025/) 12. [trendlife.com/en-us/blog/2026/05/13/robinhood-impersonation-scam](https://trendlife.com/en-us/blog/2026/05/13/robinhood-impersonation-scam) 13. [dfs.ny.gov/reports\_and\_publications/press\_releases/pr202208021](https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202208021) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#overview-sources) - **Operates under:** Its own licences State regulators license the firm as a money transmitter under NMLS ID 1702840. The NYDFS licenses it for virtual currency business activity, and Louisiana licenses it for virtual currency business activity. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Financial Crimes Enforcement Network (FinCEN) United States | Money Services Business registration (Money Transmitter) | — | In its own name | Active | — | | US state regulators (NMLS) United States | Money transmitter and related licences in 29 states, the District of Columbia and Puerto Rico | 1702840 | In its own name | Active | [cdn.robinhood.com ↗](https://cdn.robinhood.com/assets/robinhood/legal/RHC%20Licenses%20and%20Disclosures.pdf) | | New York State Department of Financial Services United States | Virtual Currency License | 0000012 | In its own name | Active | [cdn.robinhood.com ↗](https://cdn.robinhood.com/assets/robinhood/legal/RHC%20Licenses%20and%20Disclosures.pdf) | | Louisiana Office of Financial Institutions United States | Virtual Currency Business Activity License | 1702840 | In its own name | Active | [cdn.robinhood.com ↗](https://cdn.robinhood.com/assets/robinhood/legal/RHC%20Licenses%20and%20Disclosures.pdf) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#overview-sources) - **Safeguarding:** Segregated safeguarding accountsUnder its customer agreement, the firm holds customers' crypto in omnibus wallets for their benefit. It treats these holdings as customer property under Division 8 of the California Commercial Code. [robinhood.com ↗](https://robinhood.com/us/en/crypto-customer-agreement/) - **Crypto-asset custody:** Held by the firmThe firm acts as custodian of customers' crypto. It says most coins are held in cold storage and that crime insurance covers a portion of assets against theft. [robinhood.com ↗](https://robinhood.com/us/en/crypto-customer-agreement/) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#overview-sources) - Crypto trading - Crypto custody The firm offers spot crypto trading, custody, transfers to and from external wallets and staking to US retail customers for personal, non-commercial use. According to Robinhood, it listed more than 45 crypto assets in the US in December 2025. Robinhood states that Robinhood Crypto is available in every US state, the District of Columbia, Puerto Rico and the US Virgin Islands. - **Sells to:** Consumers - **Serves customers in 3 countries:** United States · Puerto Rico · U.S. Virgin Islands ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#overview-sources) - **Executive:** Johann Kerbrat Senior Vice President and General Manager, Crypto and International (Robinhood Markets group) Confirmed 29 Sep 2026 · [investors.robinhood.com ↗](https://investors.robinhood.com/management/johann-kerbrat) ## Recent events 3 enforcement or investigation items Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/robinhood-crypto-llc-fe390504f9b5#overview-sources) 1. Apr 2026 Security incident A Trend Micro blog reported that phishers abused a Robinhood email flaw to target crypto holders. It said Robinhood patched the flaw on 28 April 2026. [trendlife.com ↗](https://trendlife.com/en-us/blog/2026/05/13/robinhood-impersonation-scam) 2. Jun 2025 Merger / acquisition Robinhood Markets added Bitstamp to its group. The firm now names Bitstamp entities as affiliated liquidity providers. [investors.robinhood.com ↗](https://investors.robinhood.com/static-files/15576d76-2d02-4aea-a40d-48e694c04a4b) 3. Feb 2025 Investigation The SEC Enforcement Division told the firm it had concluded its investigation and did not intend to bring an enforcement action. [robinhood.com ↗](https://robinhood.com/us/en/newsroom/sec-closes-investigation-into-robinhood-crypto-with-no-action/) 4. Sep 2024 Enforcement The California Attorney General settled with the firm for USD 3.9 million over crypto withdrawal restrictions from 2018 to 2022 and incomplete disclosures. [oag.ca.gov ↗](https://oag.ca.gov/news/press-releases/attorney-general-bonta-secures-39-million-settlement-cryptocurrency-company) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **BIC:** Holds no BIC in Swift’s directory - **LEI:** [25490096X919AKOALC13 ↗](https://search.gleif.org/#/record/25490096X919AKOALC13) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **Elucidate firm ID:** fe390504f9b5 ## Profile - **Type:** Money service business - **Regulation:** AML registration only - **Main licence class:** Money Transmitter / Remittance - **Activities:** - Money remittance - Other money services - **Licensed in:** [United States](https://elucidate.co/directory/country/us) · North America - **First registered:** 2026-05-06 Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records - **Direct parent:** Robinhood Markets, Inc. · United States[213800FS5AO3YWIE6F63 ↗](https://search.gleif.org/#/record/213800FS5AO3YWIE6F63) The Robinhood Markets, Inc. group has 6 institutions in the directory, in 5 countries: none holds a BIC. Including [Bitstamp Europe S.A.](https://elucidate.co/directory/bitstamp-europe-s-a-71371ac4c8c0), [Robinhood Europe UAB](https://elucidate.co/directory/robinhood-europe-uab-25c99971eace), [Bitstamp Asia PTE. LTD.](https://elucidate.co/directory/bitstamp-asia-pte-ltd-8c18fadfe3f1), [Bitstamp Limited](https://elucidate.co/directory/bitstamp-limited-01a518e5247e), [Bitstamp USA, Inc.](https://elucidate.co/directory/bitstamp-usa-inc-b619ff5907b8). [See the Robinhood Markets, Inc. group →](https://elucidate.co/directory/group/213800FS5AO3YWIE6F63) Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control. ## Addresses - **Address on the register:** 85 Willow Rd, Menlo Park, 94025 - **Country:** United States ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address, with its LEI - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml 25490096X919AKOALC13 Robinhood Crypto, LLC 94025 Menlo Park US 85 Willow Rd ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Same group - [Bitstamp Europe S.A. · trading as Bitstamp No BIC Payments & e-money Crypto Prudential licence Luxembourg · Licensed by Commission for the Supervision of Financial Sector · Z00000012 (EBA-PSD2) · also on ESMA-CASP · LEI 549300XIBGTJ0PLIEO72](https://elucidate.co/directory/bitstamp-europe-s-a-71371ac4c8c0) - [Robinhood Europe UAB · trading as Robinhood No BIC Payments & e-money Crypto Prudential licence Lithuania · Licensed by Bank of Lithuania · LB002341 (EBA-PSD2) · also on ESMA-CASP · LEI 254900GTP4UXQO1UMI36](https://elucidate.co/directory/robinhood-europe-uab-25c99971eace) - [Bitstamp Asia PTE. LTD. No BIC Payments & e-money Crypto Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · LEI 254900WGUH9DYLW4QP03](https://elucidate.co/directory/bitstamp-asia-pte-ltd-8c18fadfe3f1) - [Bitstamp Limited No BIC Crypto Money service business AML registration only Inactive since 6 October 2024 Canada · Registered with FINTRAC · M20795493 (FINTRAC-MSB) · LEI 48510000WZATNQVLS592](https://elucidate.co/directory/bitstamp-limited-01a518e5247e) [All 6 institutions in the Robinhood Markets, Inc. group →](https://elucidate.co/directory/group/213800FS5AO3YWIE6F63) ### Other money service businesses in the United States - [Envios Express Inc No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/envios-express-inc-c0823b914930) - [EL Mercadito LLC · trading as EL MERCADITO MINOT, El Mercadito No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/el-mercadito-llc-ca792f233581) - [LA Michoacana LLC · trading as La MIchoacana, DBA LA MICHOACANA MUSICA Y VIDEO No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/la-michoacana-llc-aefa6462674e) - [Tienda El Quetzal LLC · trading as Mercado Chihuahua, Tienda El Quetzal No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/tienda-el-quetzal-llc-6ced94619b56) - [Tienda La Bendicion LLC · trading as TIENDA LA BENDICION, LA BENDICION BAKERY No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/tienda-la-bendicion-llc-c35469140f19) - [Umb Bank N.A BIC UMKCUS44 Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · LEI VNOO6EITDJ2YUEBMSZ83](https://elucidate.co/directory/umb-bank-n-a-umkcus44) - [Guatemex LLC · trading as GUATEMEX 1 No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/guatemex-llc-810a5ad10a10) - [LA Azteca LLC · trading as La Azteca Mexican Grocery No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/la-azteca-llc-b844c35143c3) [See all →](https://elucidate.co/directory/search?type=msb&cc=US) [Other entries on FINCEN-MSB →](https://elucidate.co/directory/register/fincen-msb) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **MSB Registrant Search**—Financial Crimes Enforcement Network (FinCEN) · [source ↗](https://www.fincen.gov/msb-registrant-search) as at 24 September 2026 - **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI. - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.