Robinhood, Jump Trading End Crypto Partnership, CoinDesk Reports
- Jump is no longer listed as Robinhood’s major revenue source
- Jump has been pulling back from the crypto market in the US
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Robinhood Markets Inc. is no longer doing crypto business with market maker Jump Trading, according to the publication CoinDesk, citing a person familiar with the matter.
Jump didn’t respond to requests for comment from Bloomberg News on the report. Robinhood declined to comment. Jump Crypto, the digital-assets unit of Jump Trading, had been pulling back from the US market as regulators cracked down on the industry.