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Bloomberg: Robinhood May Go Public As Early As 2021 Q1

Mary Liu

Summary: According to Bloomberg, Robinhood, a stock and crypto trading platform, may conduct an initial public offering (IPO) in early 2021 and has begun to look for bank partners. People familiar with the matter said that the company plans to go public as soon as the first quarter of 2021.  Robinhood's founders are two graduates of ...

According to Bloomberg, Robinhood, a stock and crypto trading platform, may conduct an initial public offering (IPO) in early 2021 and has begun to look for bank partners. People familiar with the matter said that the company plans to go public as soon as the first quarter of 2021. 

Robinhood's founders are two graduates of Stanford University. Its website shows that it is"on a mission to democratize finance for all." The platform, which currently has 13 million accounts, can be used to buy and sell options, gold and cryptocurrencies, stocks and funds. Bitpush previously reported that nearly 2,000 accounts on its platform were hacked last month.

By Mary Liu

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