Robinhood to Reveal IPO Filings as Early as Next Week: Report

Robinhood Markets LLC, the popular trading app for stock, options, gold and cryptocurrencies, will reveal its initial public offering filings as soon as next week, people familiar with the matter told Bloomberg Tuesday.

The timing and details could change even though the millennial-friendly investing platform’s plans are at an “advanced” stage, said the publication.
Robinhood has been criticized by regulators who have said the site encourages the game-like nature of trading, particularly among inexperienced retail traders.
Robinhood did not immediately respond to CoinDesk queries.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Consensus

01

00

58

44

Robinhood to Reveal IPO Filings as Early as Next Week: Report

The filing will give potential investors their first detailed look at the millennial-friendly investment platform’s financials and risks, according to Bloomberg.

10 Years of Decentralizing the Future