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

[gunhell16]

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

I don't exactly get it if this Robinhood is an exchange platform or wallet apps for crypto? on which of these two guys?
Because I tried to checked it at the play store I can't see it actually. If this is a typical wallet or exchange I could say
it's really a good form of investment I guess.

[@chison]

As they are pulling the fund hope they are keeping it safe. Peoples fund need to be safe. How about everyone keeping their fund and trade from their personal wallet, like how INJECTIVE PROTOCOL is introducing. Injective protocol is a fully decentralised exchange

[Renampun]

I'm sure this is only speculation, how can an exchange that doesn't attract too many customers get high value.

[Carla Lopez]

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