Please wait

Exhibit 21.1

Subsidiaries of the Registrant* 

As of December 31, 2025, the following entities are wholly owned direct or indirect subsidiaries of Robinhood Markets, Inc.

Name of Subsidiary

State/Country of Organization

Bitstamp USA, Inc.

Delaware

RHX, LLC

Delaware

Robinhood Asset Management, LLC

Delaware

Robinhood Credit, Inc.

Delaware

Robinhood Crypto, LLC

Delaware

Robinhood Derivatives, LLC

Delaware

Robinhood Financial LLC

Delaware

Robinhood Gold, LLC

Delaware

Robinhood Money, LLC

Delaware

Robinhood Securities, LLC

Delaware

Robinhood Ventures DE, LLC

Delaware

Robinhood Ventures Fund I

Delaware

Trade-PMR, Inc.

Florida

TradePMR Insurance Agency, LLC

Florida

Sherwood Reinsurance Company, Inc.

Hawaii

SRC All Other Cell, LLC

Hawaii

SRC D&O Cell, LLC

Hawaii

* In accordance with Item 601(b)(21)(ii) of Regulation S-K, the Company has omitted from this Exhibit the names of certain subsidiaries which, considered in the aggregate as a single subsidiary, would not constitute a “significant subsidiary” (as defined in Rule 1-02(w) of Regulation S-X) as of December 31, 2025.