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Insider: Robinhood has ended its crypto partnership with Jump Trading.

According to a report from CoinDesk citing anonymous sources, Jump Trading had pushed Robinhood into the cryptocurrency industry. However, their partnership has ended. Since Q4 2022, Robinhood's financial reports no longer mention Tai Mo Shan Limited, a Jump subsidiary responsible for handling Robinhood's order flow. Instead, according to public filings submitted to the US Securities and Exchange Commission, the publicly traded broker is now partnering with competing market makers, including B2C2, which currently handles most of Robinhood's cryptocurrency flow. The reason for the end of the partnership between Robinhood and Jump is unclear.
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