Robinhood Fund Opens OpenAI, Revolut, Stripe to Retail as Singapore Approves Expansion
Summary
Robinhood Markets is expanding its reach through two major developments: its private markets fund, Robinhood Ventures (RVI), and an expansion into Singapore. The RVI fund offers retail investors access to companies like OpenAI, Revolut, and Stripe without accreditation requirements or performance fees. Simultaneously, the Monetary Authority of Singapore has granted Robinhood in-principle approval to offer brokerage and custody services, designating Singapore as the company's Asia-Pacific headquarters.
(Source:BeInCrypto)