The Robinhood brokerage firm is planning a closed fund that gives retail investors access to their venture capital portfolio, a space traditionally reserved for high -level network institutions and individuals.
The broker revealed on Monday that she has presented an N-2 form before the United States Stock Exchange and Securities Commission (SEC) to register Robinhood Ventures Fund I (RVI) actions, which will be administered by its new subsidiary, Robinhood Ventures de.
If approved, RVI shares will be included in the New York Stock Exchange, where you can buy and sell through participating brokerage platforms.
Robinhood said the fund will support companies “at the borders of their respective industries,” although he did not appoint specific sectors. Risk funds generally focus on high growth areas, such as emerging technologies, blockchain and web3.
Opening these investments to retail investors would mark a change in access. Until now, participation in private companies in the early stage has greatly limited to risk capital companies and rich sponsors.
Robinhood’s risk strategy could be extended to digital assets, an area where the company has expanded aggressively. It already offers cryptocurrency trade, recently acquired Major Exchange Bitstamp and bought the Canadian Wonderfi cryptography firm for $ 179 million.
The brokerage has also pushed to the token, offering tokenized actions and experimenting with “private shares tokens”, a product that has extracted the scrutiny of some observers of the industry.
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Crypto Venture Capital is increasing
Risk capital financing has been recovered in 2025, led by an increase in new US companies focused on artificial intelligence. Global VC Investment totaled $ 189.3 billion in the first half of the year, compared to $ 152.4 billion in the same 2024 period, according to S&P global.
Although the financing of the cryptographic company remains a small component of the Panorama general of VC, the sector resorted to $ 10 billion only in the second quarter, its largest exhibition since 2022, as shown by Cryptorank’s data. The companies raised more than $ 10 billion in the second quarter, with June contributing more than half of that amount.
The key issues that drive cryptographic investment include tokenization, stablecoin infrastructure and decentralized finance. According to the US Law of Securities, many of these private offers in the initial stage remain limited to accredited investors, braking retail participation.
The Risk Fund proposed by Robinhood, if approved, could offer an indirect route so that retail investors obtain exposure to a class of assets from which they have been largely excluded.
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