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via crypto.news · By crypto.news Editorial

Robinhood’s $225.5M venture fund opens below IPO price

CE
crypto.news Editorial
(08:21 AM UTC)
1 min read
JM
Reviewed byJames Mitchell

Robinhood Ventures Fund II has raised $225.5 million and opened at $22.50 on the New York Stock Exchange, 10% below its $25 initial public offering price.

Summary

  • RVII raised $225.5 million after offering 8 million shares at $25 each.
  • The fund opened at $22.50 on the NYSE, 10% below its IPO price.
  • Its portfolio targets early- and growth-stage…

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