Alphabet and Roc Nation are in line for exits as the online trading platform operator prepares for a flotation potentially valuing it at $40bn.
US-based online trading platform developer Robinhood filed for an initial public offering yesterday that would score exits for internet and technology conglomerate Alphabet and entertainment group Roc Nation.
Founded in 2013, Robinhood runs Robinhood Financial, an online platform where users can but and sell stocks without a minimum investment level, in addition to Robinhood Crypto, which allows them to do the same with cryptocurrencies.
The company has set a $100m placeholder target for the offering, and sources familiar with…
