The platform benefits from the fact that private investors are increasingly investing in stocks during the corona pandemic.
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The online broker Robinhood, which recently hit the headlines because of the GameStop hype, has raised another 2.4 billion dollars from investors.
The round was led by Ribbit Capital with the participation of ICONIQ, Andreessen Horowitz, Sequoia, Index Ventures and NEA, as the trading platform popular with retail investors announced on a blog. This will fill the financial cushion further, as Robinhood raised a billion dollars from donors just a few days ago.
Game stop
Last week, Robinhood caused outrage among investors and in US politicians with its decision to block purchases of the shares of the video game provider Gamestop, which have been soaring for days, while allowing sales to continue.
In addition to GameStop, the online broker had also restricted trading in other titles that were targeted by speculators – some of them hobby traders from Internet platforms such as Reddit.
The platform is benefiting massively from the corona pandemic, as private individuals are discovering stock trading for themselves in times of lockdown, and, according to insiders, toying with an IPO this year.
