03:05 PM EDT, 08/13/2026 (MT Newswires) -- (Updates with company response in the last two paragraphs.)

Robinhood Markets ( HOOD ) plans to accelerate the pace of debuts for its publicly traded closed-end funds after its first two attempts to make private firms more accessible to its retail customers, Bloomberg reported Thursday, citing an interview with Robinhood chief financial officer Shiv Verma.

Robinhood's first fund, with stakes in large private technology companies, debuted in March and is followed by a second fund set to begin trading Thursday, focusing on early stage firms coming out of the startup incubator, Y Combinator, according to the report.

Robinhood Ventures' second fund, Robinhood Ventures Fund II, is expected to go public Thursday on the New York Stock Exchange under the symbol "RVII" at an expected price of $25 per share, the company said in a blog post Thursday.

This brings the total size of the fund to $225.5 million, or up to $255.5 million if the underwriter's option to buy additional common shares is fully exercised. The offering is expected to close Friday, subject to closing conditions, the company added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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