Crypto Trading App Robinhood Expected to Hit $5.6 Billion Valuation with New Funding


Robinhood’s valuation is expected to jump fourfold to around $5.6 billion, driven by the stock brokerage app’s popularity among millennials. The company, which offers cryptocurrency trades in addition to stock trades, is in the process of securing around $350 million from an investor group led by DST Global, a Russian firm. The group led Robinhood’s

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Posted by Lester Coleman on March 17, 2018 @ https://www.ccn.com/robinhood-markets-valuation-expected-to-hit-5-6-billion-on-new-funding/

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