Robinity (HOOD) Private markets are being deepened with a new risk capital fund designed to give access to daily investors to companies before they are public.
The company has presented to the stock exchange and values commission (SECOND) An initial registration statement to launch the Robinhood Ventures Fund i (RVI)A closed investment vehicle that aims to buy participations in private companies that are leaders in their industries.
The fund, administered by a newly formed subsidiary called Robinhood Ventures, would be negotiated in the New York Stock Exchange, waiting for regulatory approval.
Robinhood faced criticism at the beginning of this year after announcing that he was offering users in the European Union access to private capital tokens.
The company opened access to these tokens through Tokenized shares in Openai and Spacex, while launching its own layer of layer 2 blocks so that European Union users have access to US actions that are negotiated publicly.
At that time, the company was forced to explain that its private capital tokens were retained by a special purpose vehicle, after Openai warned that the tokens did not represent the capital in the company. Even so, the company is advancing by offering private capital access to retail investors.
“For decades, rich people and institutions have invested in private companies, while retail investors have unfairly blocked,” said the president and CEO of Robinhood, Vlad Tenev.
Robinhood said that the number of public companies in the US.
If approved, Robinhood Ventures Fund would invest in a small basket of private companies in various industries and maintain them through OPI and beyond. The shares would be available to buy and sell through traditional corridors.
Robinhood’s shares have dropped 1.4% in the current negotiation session to $ 113.39.
