According to @StockMKTNewz citing the Wall Street Journal, Robinhood (HOOD) has begun rolling out an on-demand cash delivery service in New York and plans launches in San Francisco, Philadelphia, Washington, and other major cities in the coming months (source: @StockMKTNewz, Wall Street Journal). According to @StockMKTNewz/WSJ, the service will initially run daily from 9 a.m. to 7 p.m., requires customers to present a verification code, and mandates an in-person handoff directly from the driver (source: @StockMKTNewz, Wall Street Journal). According to @StockMKTNewz/WSJ, Gopuff CEO Yakir Gola said the courier already delivers high-value items such as Beats Bluetooth headphones and $200 bottles of tequila, and drivers will not know whether the sealed bag contains cash or other goods (source: @StockMKTNewz, Wall Street Journal). According to Robinhood Markets’ official website, the company also offers crypto trading, making fiat access logistics via this service operationally relevant for BTC and ETH users on the platform (source: Robinhood Markets website).

According to @StockMKTNewz citing The Wall Street Journal, Robinhood has partnered with Gopuff to enable customers to withdraw cash from their Robinhood accounts and have it delivered to their door. According to The Wall Street Journal, the delivery fee is $6.99, reduced to $2.99 for users with more than $100,000 in assets across Robinhood accounts. According to The Wall Street Journal, the cash is delivered in a sealed paper bag to the customer’s home. According to Robinhood, the platform offers crypto trading alongside stocks and options, making the new cash‑withdrawal delivery option directly relevant for users who manage both brokerage and crypto activity within the same app.