I asked Robinhood what happens to my crypto if they go bankrupt and here's what they said

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Thanks for reaching out—I’d be happy to provide some details and peace of mind.

Most importantly, there is no reason to believe that Robinhood Crypto is in any danger of going bankrupt or shutting down at this time. The Robinhood Platform currently has more than 13 million customers, financial backing from leading investors, and recently raised over $3.4 billion to further ensure we can continue to provide our customers with the best service possible.

Any cryptocurrency you buy on Robinhood Crypto is yours. We custody cryptocurrency on behalf of our customers, and all cryptocurrency owned by our customers is held on a one-for-one basis.

If you want to learn more about bankruptcy in general, check out this article.

Please let me know if you have any other questions. I’m here to help!