ROBINHOOD'S SECOND PRIVATE MARKETS FUND STARTS TRADING

Summary from the TLDR Fintech newsletter

Robinhood Ventures Fund II debuted on the NYSE after raising $225.5 million, giving retail investors exposure to early- and growth-stage private companies, with a focus on current and former Y Combinator startups. The launch expands Robinhood's push into private markets following its first late-stage venture fund, as the company works on additional funds aimed at broadening retail access to startup investing.