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Robinhood Ventures hits NYSE, opens retail investors to private tech

Robinhood's $658 million private markets fund for retail investors makes NYSE debut
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Robinhood Venture Fund I (RVI), estimated to be worth $658.4 million, has made its debut on the New York Stock Exchange on Friday. The fund will be trading under the ticker “RVI” on the NYSE.

This move, for Robinhood Venture Fund, is aimed at opening private tech investments for retail investors. This way, retail investors would be able to access its venture capital portfolio traditionally reserved for institutional and high-net-worth investors.

A statement shared by RVI explained, “RVI is a closed-end fund that provides retail investors exposure to a concentrated portfolio of private companies.”

RVI has listed 12.6 million shares at an initial public offering price of $25 per share. The total size of the fund is estimated to be around $658.4 million.

“The shares are expected to begin trading on the NYSE on March 6, 2026 under the symbol RVI, and the offering is expected to close on March 9, 2026, subject to the satisfaction of customary closing conditions,” the statement added.

Marking the IPO, RVI rang the opening bell at the NYSE on Friday.

Robinhood CEO and co-founder, Vlad Tenev also shared the development on his official X handle on Friday.

The U.S.-based stocks and crypto exchange had been planning this move since last year. In November 2025, it had filed a Form N-2 with the US SEC to register RVI shares on the NYSE.

RVI’s debut on the NYSE coincides with Robinhood’s launch of a merchandize marketplace called Robinhood Market. As per Tenev, the market response to Robinhood-branded hoodies and chairs has been positive.

Robinhood itself had gone public on Nasdaq in July 2021 and had managed to raise close to $2 billion. It trades under the ticker HOOD. The platform is also testing its Ethereum layer-2 network that is expected to debut this year.

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