<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001966647</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001783879</issuerCik>
            <issuerName>ROBINHOOD MARKETS, INC.</issuerName>
            <secFileNumber>001-40691</secFileNumber>
            <issuerAddress>
                <ns2:street1>85 Willow Road</ns2:street1>
                <ns2:city>Menlo Park</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94025</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>8444285411</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Baiju Prafulkumar Bhatt Living Trust</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>223072</noOfUnitsSold>
            <aggregateMarketValue>9833013.76</aggregateMarketValue>
            <noOfUnitsOutstanding>767947897</noOfUnitsOutstanding>
            <approxSaleDate>04/16/2025</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>10/04/2018</acquiredDate>
            <natureOfAcquisitionTransaction>Founders Shares</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>223072</amountOfSecuritiesAcquired>
            <paymentDate>10/04/2018</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>03/24/2025</saleDate>
            <amountOfSecuritiesSold>47023</amountOfSecuritiesSold>
            <grossProceeds>2180456.51</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>03/21/2025</saleDate>
            <amountOfSecuritiesSold>223528</amountOfSecuritiesSold>
            <grossProceeds>9658906.39</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/13/2025</saleDate>
            <amountOfSecuritiesSold>51516</amountOfSecuritiesSold>
            <grossProceeds>3193992.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/13/2025</saleDate>
            <amountOfSecuritiesSold>52326</amountOfSecuritiesSold>
            <grossProceeds>3246137.60</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/13/2025</saleDate>
            <amountOfSecuritiesSold>418338</amountOfSecuritiesSold>
            <grossProceeds>26299750.16</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/07/2025</saleDate>
            <amountOfSecuritiesSold>45077</amountOfSecuritiesSold>
            <grossProceeds>2494561.18</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/07/2025</saleDate>
            <amountOfSecuritiesSold>45789</amountOfSecuritiesSold>
            <grossProceeds>2533963.26</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>01/22/2025</saleDate>
            <amountOfSecuritiesSold>45077</amountOfSecuritiesSold>
            <grossProceeds>2284051.59</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for Baiju Prafulkumar Bhatt Living Trust</name>
                <address>
                    <ns2:street1>85 Willow Road</ns2:street1>
                    <ns2:city>Menlo Park</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94025</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>01/22/2025</saleDate>
            <amountOfSecuritiesSold>45789</amountOfSecuritiesSold>
            <grossProceeds>2320128.63</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>04/16/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>08/12/2024</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Baiju Prafulkumar Bhatt</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
