The brokerage firm Robinhood is planning a closed-end fund that will allow retail investors access to its venture capital portfolio—a field traditionally limited to institutions and high-net-worth individuals.
The brokerage disclosed on Monday that it has submitted Form N-2 to the U.S. Securities and Exchange Commission (SEC) to register shares of Robinhood Ventures Fund I (RVI), which will be managed by its new subsidiary, Robinhood Ventures DE.
If approved, RVI shares will be listed on the New York Stock Exchange and can be bought and sold through participating brokerage platforms.
Robinhood stated that the fund will support companies at the "forefront of their respective industries," but did not specify particular sectors. Venture capital funds typically focus on high-growth areas such as emerging technologies, blockchain, and Web3.
Opening these investments to retail investors would mark a shift in access thresholds. So far, participation in early-stage private company investments has primarily been limited to venture capital firms and wealthy backers.
Robinhood's venture capital strategy may extend into the digital asset space, an area the company has been actively expanding. It has offered cryptocurrency trading, recently acquired the major exchange Bitstamp, and purchased the Canadian crypto company WonderFi for $179 million.
The brokerage is also venturing into tokenization, offering tokenized stocks and experimenting with "private stock tokens"—a product that has drawn attention from some industry observers.
Venture capital funding rebounded in 2025, primarily driven by a surge in U.S. startups focused on artificial intelligence. According to S&P Global data, global venture capital totaled $189.3 billion in the first half of the year, up from $152.4 billion in the same period of 2024.
While crypto venture capital still represents a small portion of the overall venture capital landscape, the sector attracted $10 billion in the second quarter alone—its strongest performance since 2022, according to CryptoRank data. Companies raised over $10 billion in the second quarter, with June contributing more than half of that amount.
Key themes driving crypto investment include tokenization, stablecoin infrastructure, and decentralized finance. Under U.S. securities laws, many of these early private offerings remain limited to accredited investors, restricting retail participation.
If approved, Robinhood's proposed venture capital fund could provide retail investors with an indirect way to access an asset class from which they have largely been excluded.
Related: Wall Street veteran Jordi Visser: Traditional finance will increase Bitcoin (BTC) allocation by the end of the year.
Original article: “Robinhood Seeks SEC Approval for Venture Capital Fund for Retail Investors”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
