Bitcoin, Crypto currency, Blockchain

Robinhood gets more funding – this leads to more crypto?

Robinhood have been completed since its launch in the year 2013 a fourth round of funding. Their business model is driven by Commission-free, crypto-friendly trading for the masses, and a company now has a valuation of over $ 5 billion. You will attract new investors to crypto-currency or with existing stock exchanges to compete?

Robinhood

Two types of the Trading Bots of Wall Street had built, thought of the day, the Public should have it as well. The big Trading funds operate computer-based trading software, the business continuously unwinds and works for free. The developers of the Robinhood simulate these trading frequency, by appealing to a large number of users.

“We believe in Robinhood, that America’s financial System should work for all – not just for the rich. Our platform is growing rapidly and already counts more than 4 million users, this is cement we Robinhood Financial as the fastest-growing Commerce platform.“

Since 2013, you have to invest is expanding its investment platform, to give the citizens the opportunity to be in the Best. You’re still working on the differences with the laws of the various States. Your Commission-free trading is only in 10 US States. Their users have proven to be overwhelming as US Millennials.

Stock Exchanges Competition

Of users supported, began to Robinhood this year, the trade with crypto currencies. Currently support currencies are only 16 different Crypto, but this number is likely to grow. While other platforms started with crypto-currencies, and now expanding, has Robinhood made their business model the other way around.

You have no business and do not provide research reports or analysis tools on your platform. You are a FINRA registered Broker-Dealer that is registered with the US Securities and Exchange Commission and a member of the Securities Investor Protection Corporation (SIPC).

Crypto-exchanges like Coinbase and Huboi make big changes to get more services for institutional investors to offer and provide the opportunity to invest in Start-ups in the early stage. Nevertheless, Robinhood is expanding its business with the average consumer.

DST Global

The new funding round came from DST Global and includes $363 million dollars. The company was founded in 2009 by Yuri Milner, and has made it a goal to only invest in minority stakes in the most important and fast-growing Internet companies.

You have made one of the world’s leading technology Investment company with investments in Facebook, Twitter, WhatsApp, Snapchat, Airbnb, Spotify and Alibaba.

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