Key Takeaways:

Robinhood has filed to launch a closed-end venture fund (RVI) to offer retail investors access to private companies via NYSE-traded shares.
The fund could include exposure to sectors like emerging tech, crypto, and tokenization, expanding on Robinhood’s existing digital asset initiatives.
This move would challenge traditional VC access restrictions, potentially opening early-stage investments to a broader market.

Robinhood is preparing to launch its first venture capital product designed for everyday investors.

The company has filed with the U.S. Securities and Exchange Commission (SEC) to register the Robinhood Ventures Fund I (RVI), a closed-end fund that would trade on the New York Stock Exchange (NYSE) if approved.

Many ground-breaking companies stay private for years. Soon, everyone will be able to invest in them before they go public.

Stay tuned for more updates on Robinhood Ventures: https://t.co/KExWTkvBUo pic.twitter.com/qp9A7xAVfE
— Robinhood (@RobinhoodApp) September 15, 2025

Managed by a new subsidiary, Robinhood Ventures DE, the fund aims to give retail investors access to private companies – an asset class typically reserved for venture firms and high-net-worth individuals.

Robinhood said the fund will target companies “at the frontiers of their industries”, without naming sectors, though venture funds often focus on high-growth areas such as emerging technology, blockchain, and Web3.

The move comes as Robinhood expands its presence in digital assets, following its acquisitions of Bitstamp and WonderFi ($179M), and its experiments with tokenized securities.

The timing coincides with a rebound in venture capital activity.

Global VC funding reached $189.3 billion in H1 2025, with crypto ventures raising $10 billion in Q2 alone – the strongest since 2022 – driven by tokenization, stablecoin infrastructure, and DeFi.

If approved, RVI could offer retail investors a rare entry into these high-growth opportunities.