An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO.
Read moreRobinhood warns a crypto revenue drop is coming amid IPO filing
According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter,
Read moreRobinhood COO: We have enabled more women to trade crypto
Gretchen Howard described crypto investments “stereotyped as a male-dominated space,” but she has seen significant growth for women during her two years at Robinhood.
Read moreRobinhood’s cash cow under SEC scrutiny amid IPO filing
Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review.
Read moreRobinhood IPO Filing Reveals $88 Billion in Cryptocurrency Trading, Dogecoin 34% of Crypto Revenue
Robinhood’s IPO prospectus shows that 9.5 million customers traded $88 billion of cryptocurrency on its platform in Q1 and the company held approximately $12 billion
Read moreFacing $70M in fines from regulators, Robinhood files for IPO
The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the
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