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FTX CEO Now Owns 7.6% of Robinhood in $482M Deal

May 13, 2022
Robinhood, stocks, lending
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FTX CEO Now Owns 7.6% of Robinhood in $482M Deal

May 13, 2022
FTX CEO Sam Bankman-Fried has reportedly taken a big position in brokerage app Robinhood, Coindesk wrote Thursday (May 12), citing a Securities and Exchange Commission (SEC) filing. The position was executed through Emergent Fidelity Technologies, an Antiguan firm. It represents a 7.6% stake in Robinhood, over 56 million shares worth nearly $482 million. See also: […]