Robinhood Unveils AI Agent to Automate Stock Trades, With Crypto Trading Planned
Robinhood said its new AI-agent trading and spending tools launch first for stocks with ring-fenced accounts, while options, cryptocurrency, futures, and prediction markets are planned for later expansion.
Robinhood said it is launching tools that let customers authorize AI agents to trade stocks from a separate account and make purchases through a virtual Robinhood Gold credit card, a combination the company said no major U.S. retail brokerage has previously offered. The agentic trading account is isolated from the user’s main portfolio and can access only deposited funds, while the virtual card includes 3% cash back, transaction limits, alerts, a kill switch, and optional manual approval. Users connect agents through Robinhood’s Model Context Protocol servers. The beta launch supports equities only, with options, cryptocurrency, futures, and prediction markets planned next. Robinhood said that once crypto support goes live, its 27 million funded customers will be able to deploy AI agents to trade Bitcoin, Ethereum, and other digital assets from quarantined accounts.
- Model Context Protocol: An open standard developed by Anthropic that connects AI systems to external tools and data sources so agents can take actions through linked services.
- cryptocurrency: A digital asset such as Bitcoin or Ethereum that can be traded electronically on crypto markets and platforms.
- prediction markets: Markets where users trade contracts tied to the outcome of future events, allowing prices to reflect collective expectations.