Robinhood Markets has secured registration for its UK subsidiary to offer limited cryptocurrency services, positioning the brokerage for potential expansion in one of Europe’s major financial centers before stricter rules take hold.

Robinhood U.K. Ltd was added to the Financial Conduct Authority’s register of cryptoasset firms as of July 31, 2026, under firm reference number 823590. The listing confirms the company meets the regulator’s anti-money laundering and counter-terrorism financing requirements that have governed crypto businesses in the United Kingdom since 2020.

Scope of the Current Registration

The registration permits Robinhood to arrange or transmit cryptocurrency orders on behalf of UK customers. It does not authorize the firm to hold customer cryptoassets, safeguard client money, or operate a crypto exchange. These restrictions mean the company can facilitate orders by passing them to other entities but cannot provide custody or run trading infrastructure under the present approval.

More than 50 firms already appear on the register, including crypto platforms such as Kraken and Ripple as well as traditional finance groups including BlackRock and Bank of New York Mellon. Robinhood has held separate FCA authorization as a UK stockbroker since 2019, focused primarily on equities.

Timing Ahead of Broader Framework

The registration carries particular weight because the United Kingdom is preparing a comprehensive regulatory regime under the Financial Services and Markets Act. Final rules published in late June 2026 cover trading platforms, custodians, stablecoin issuers and staking providers, introducing capital requirements and market abuse standards.

Applications for authorization under the new framework open at the end of September 2026 and close at the end of February 2027. The full regime is scheduled to take effect on October 25, 2027. Existing registrations under the money laundering rules will not convert automatically, so firms must apply separately if they wish to continue offering services after the transition.

Companies already on the current register may have completed substantial compliance work that could ease the later authorization process. Pre-application support from the regulator became available in July 2026.

Earlier Efforts and Wider Expansion

This is not Robinhood’s first attempt to establish a crypto presence in the UK. In April 2022 the company agreed to acquire Ziglu, a UK electronic-money institution that already held FCA crypto registration. The deal later collapsed after terms were revised, and Ziglu entered special administration in 2025.

Robinhood has pursued other international moves. It completed the acquisition of Canadian exchange operator WonderFi, obtained a capital markets services license in Singapore, expanded perpetual futures offerings in Europe to include commodities, ETFs and foreign exchange with up to 10 times leverage, and advanced its Robinhood Chain layer-2 network. The firm has also developed stock tokens available in more than 120 countries and prediction markets products.

In July 2026 Robinhood stated it planned to launch crypto trading in the UK but provided no specific date. The current registration removes a compliance barrier while product development continues.

Business Context and Market Response

Cryptocurrency remains a smaller portion of Robinhood’s overall revenue. In the second quarter the company reported crypto transaction revenue of $100 million, down 38 percent from a year earlier, while total net revenue reached a record $1.31 billion, supported by growth in options, equities and event contracts.

Shares of Robinhood traded near $86 to $87 following the registration news, with limited immediate movement. The stock remains well below its 52-week high near $154.

The registration allows limited order-arrangement services to begin while the company prepares for the fuller authorization window. The practical availability of broader crypto trading and custody for UK customers will depend on subsequent regulatory steps and product rollout decisions.