Overview

• Robinhood submitted a Form N-2 to register Robinhood Ventures Fund I, a closed-end vehicle to be managed by newly formed subsidiary Robinhood Ventures DE, LLC.
• The company intends for RVI to list on the New York Stock Exchange under the ticker RVI and be tradable through brokerages including Robinhood Financial, pending effectiveness.
• RVI plans to invest in a concentrated basket of private companies viewed as industry front-runners and to hold positions through IPO and beyond.
• The initial filing left key details undisclosed, including fees, specific target holdings and the timeline to listing.
• The move follows Robinhood’s EU tokenized-stock experiment that drew criticism and is framed against fewer U.S. public listings and an estimated private-market value exceeding $10 trillion.