Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Robinhood Fund Opens OpenAI, Revolut, Stripe to Retail as Singapore Approves Expansion

Robinhood Fund Opens OpenAI, Revolut, Stripe to Retail as Singapore Approves Expansion

BeInCryptoBeInCrypto2026/04/23 20:21
By:BeInCrypto
Robinhood Markets has outlined its principles for opening private markets to retail investors through Robinhood Ventures, while simultaneously securing regulatory approval to offer brokerage services in Singapore. The twin announcements signal the companys push to expand both its product range and geographic footprint in 2026. Robinhood Ventures Targets Private Market Access Robinhood CEO Vlad Tenev laid out three guiding principles for the firms private markets arm. The fund pledges to operate with transparency, protect investors through valuation discipline, and respect issuer preferences on retail exposure. Private markets are here, the Robinhood way. Here's how Robinhood Ventures thinks about unlocking private markets for retailresponsibly and for the long term. Vlad Tenev (@vladtenev) April 23, 2026 Robinhood Ventures Fund I, which trades on the New York Stock Exchange under the ticker RVI, holds stakes in companies including OpenAI, Stripe, Ramp, Revolut, and Databricks. The fund requires no accreditation minimums and charges no performance fees. RVI recently acquired a $75 million position in OpenAI, purchased on April 17. After an 11% decline on its March debut, the fund has since rebounded 30%. Singapore Expansion Through MAS Approval Separately, Robinhood crypto head Johann Kerbrat announced that the Monetary Authority of Singapore (MAS) granted in-principle approval for the company to offer brokerage services in the city-state. Singapore, here we come. Robinhood has received in-principle approval (IPA) from MAS to offer brokerage services. Were excited to deepen our presence in SG, our APAC headquarters and empower more investors across the globe. 🇸🇬 Johann Kerbrat (@JohannKerbrat) April 23, 2026 The approval covers trading of securities and exchange-traded derivatives, custody services, product financing, and collective investment funds. Singapore serves as Robinhoods Asia-Pacific headquarters, where its subsidiary Bitstamp Asia already holds a Major Payment Institution license. An in-principle approval does not yet constitute a full license. MAS must confirm that specified conditions are met before Robinhood Singapore Pte. Ltd. can begin operations. Robinhoods stock has dropped roughly 39% year-to-date after tripling in 2025. The company approved a $1.5 billion share buyback program in March to counter the slide. Robinhood (HOOD) Stock Performance. Despite this news, Robinhood stock, HOOD, is down 5%, and was trading for $83.44 as of this writing.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!