Crypto-friendly trading app Robinhood is now worth $8.6 billion

[Riya143]

The popular, mobile investment app has pulled in another $320 million in funding, and more than doubled its previously-stated Series F funding amount.
Robinhood, the popular mobile investment app that also lets users buy and sell cryptocurrencies, announced today that it has raised another $320 million as part of a Series F round first announced in May.

The latest sum comes from both new and existing investors, with the company calling out TSG Consumer Partners and IVP as two of the key firms in a small update to its previous blog post. Today’s news was first reported by Fortune.
Read More: https://decrypt.co/35413/crypto-friendly-trading-app-robinhood-now-worth-8-6-billion

[TomPluz]

I considered Robinhood not just great in movies but also a big game-changer in the world of cryptocurrency exchange and business, hence it is always attracting investors when they open their doors for more money in.  And since this is a good-managed platform and with very bright prospect ahead into the future, barring any unseen bad circumstance, there is no question that Robinhood is forging a big name in this industry.