Welcome to the world of facts and news: After $3.4B financing, Robinhood explores raising more debt to fulfill order frenzy: Report

After $3.4B financing, Robinhood explores raising more debt to fulfill order frenzy: Report

Robinhood needs the money to backstop trades that its customers place, because its clearinghouse has asked for more collateral due to heightened volatility.

from Tech-Economic Times https://ift.tt/3r9RoYH

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