Robinhood IPO through Goldman Sachs

The popular investment app wants to offer shares in 2021, at a valuation of 20 billion USD. They hired Goldman Sachs, as the organizer for listing. The app allows users to trade cryptocurrencies without fees. They have the New York-based BitLicense permissions, so the public listing will be a huge milestone for them.

More and more companies step into the crypto-industry, from the traditional finance sector. PayPal integrated the bitcoin into their system, JP Morgan started an own coin. The current plan for Robinhood is similar, even if it not a so big company as the previous two.