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​Robinhood Snags $2.4 Billion From Shareholders Amid Recent Market Turmoil

Mary Liu

Summary: Robinhood has received a capital injection of $2.4 billion from shareholders to help it expand from the recent market turmoil, according to a report from Wall Street Journal. With this new funding, Robinhood has raised a total of $3.4 billion from investors since January 29, more than all the funds previously raised by the company. ...

Robinhood has received a capital injection of $2.4 billion from shareholders to help it expand from the recent market turmoil, according to a report from Wall Street Journal.

With this new funding, Robinhood has raised a total of $3.4 billion from investors since January 29, more than all the funds previously raised by the company.

Robinhood's delisting of GameStop, etc. is suspected to be contrary to its slogan, it seems that the platform is determined to grow its power in the trading sector regardless of the bad public opinions.

By Mary Liu

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