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Robinhood Files Confidentially for IPO: Report
The millennial-friendly investments platform will seek a listing on Nasdaq, according to Bloomberg.
By Danny Nelson
Updated Sep 14, 2021, 12:31 p.m. Published Mar 24, 2021, 12:45 a.m.
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Robinhood Markets L.L.C., maker of the eponymous stock trading app, has confidentially filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering, according to Bloomberg.
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- The millennial-friendly investing platform and popular cryptocurrency on-ramp has not yet confirmed its plans (which could change) but the gears are moving toward a public debut, insiders told Bloomberg Tuesday.
- After a rocketing 12 months of pandemic-fueled retail trader growth and its recent drubbing in the press and in Congress over the GameStop fallout Robinhood plans pursue a listing on tech-heavy Nasdaq, giving its investors a long-awaited chance to cash in.
- Robinhood did not immediately respond to CoinDesk queries.
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Cathie Wood’s ARK Invest files for two crypto index ETFs tied to CoinDesk 20
One proposed fund will attempt to exactly mimic the CoinDesk 20, but the other would track the index, excluding bitcoin.
What to know:
- ARK Invest has filed with U.S. regulators to launch two cryptocurrency ETFs tracking the CoinDesk 20 index.
- One proposed fund would track the CoinDesk 20, which provides exposure to major tokens, including bitcoin, ether, solana, XRP, and cardano. The other would track the same index, but exclude bitcoin, by pairing long index futures with short bitcoin futures.
- The funds, which would list on NYSE Arca if approved, aim to offer diversified crypto exposure without direct token custody and follow similar, still-unapproved crypto index ETF proposals from WisdomTree and ProShares.
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