Valuation for Robinhood, Maker of App That Offers Free Stock Trades, Tops $5 Billion

www.wsj.com

Robinhood Markets is set to be valued at about $5.6 billion in a new funding round, according to people familiar with the matter, a fourfold increase in just one year that reflects the stock-trading app’s soaring popularity.

With this valuation (and expectations of being worth multiples of this...), Robinhood will definitely have to launch new financial products + revenue streams. 

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