The US-based stock and cryptocurrency trading application Robinhood is preparing an Initial Public Offering (IPO) in the future, the company’s chief executive officer Baiju Bhatt said during a TechCrunch Disrupt conference in San Francisco on Thursday. The financial technology startup is also in process for hiring a chief financial officer (CFO), Bhatt told attendees.
“It's something we think is very much in the future. Being a public company closely aligns with our mission. Not in the immediate term, but it's something we're thinking about,” Robinhood’s boss said.
As part of the IPO preparations and due to several audits by the US Securities and Exchange Commission (SEC) and the country’s self-regulatory body, FINRA (Financial Industry Regulatory Authority), the company has begun a search for CFO, Bhatt revealed. The CFO-search announcement came at the same ti...
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