Robinhood raises $2.4 Billion from its Prevailing Investors
Retail stock trading giant, Robinhood raises additional funding of $2.4 Billion from existing investors including Sequoia Capital and Ribbit Capital.
Retail stock trading giant, Robinhood raises additional funding of $2.4 Billion from existing investors including Sequoia Capital and Ribbit Capital.
Cryptocurrency data aggregator, CoinMarketCap lists the WallStreetBets token which outranks Bitcoin with a daily trade volume of $100M.
The trading app, Robinhood ceases the trading of several stocks considering the volatility aspects and unprecedented volume of the same.
The U.S. SEC charged Robinhood for claims of passing customer trades to Wall Street firms, the app settles claims for $65 million.
Robinhood appoints Goldman Sachs to lead its initial public offering (IPO) next year, aims at assessing the company at $20 billion.