Robinhood has chosen the Nasdaq as the exchange for its eventual capital raise, CNBC reports, citing sources familiar with the matter. It’s unclear if Robinhood has chosen a direct listing or a traditional IPO, sources said.
The company has not yet filed officially for the listing.
The stock trading app has lowered the barrier to entry for millions of retail investors, setting the stage for one of the biggest public debuts of the year. Read more.
