Categories Crypto Trading Tips

Crypto trading app Robinhood is now worth $8.6 billion

Robinhood, the popular mobile investment app that also lets users buy and sell cryptocurrencies, announced today that it has raised another $320 million as part of a Series F round first announced in May.

The latest sum comes from both new and existing investors, with the company calling out TSG Consumer Partners and IVP as two of the key firms in a small update to its previous blog post. Today’s news was first reported by Fortune.

In May, Robinhood announced that it had raised a $280 million Series F funding round led by Sequoia Capital, along with participation from firms such as NEA, Ribbit Capital, 9Yards Capital, and Unusual Ventures.

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