10/21/2023 0 Comments Sell on robinhood app![]() ![]() The company was last valued in the private markets at $11.7 billion in September. That's up from 18 million in the first quarter of 2021, which was an increase of 151% from a year earlier. Robinhood estimates it has 22.5 million funded accounts (those tied to a bank account) as of the second quarter. The app, which offers equity, cryptocurrency and options trading, as well as cash management accounts, experienced record trading levels during the pandemic and amid the meme stock craze of early 2021. Robinhood has become a central gateway to the markets for young and first-time investors.
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