<p>The fast-growing online investment platform Robinhood aims for a valuation of as much as $35 billion when it goes public, the company said Monday in a securities filing.</p>.<p>Robinhood, which has grown quickly during the coronavirus pandemic, anticipates offering shares at between $38 and $42 apiece, making its initial public offering worth as much as $2.3 billion.</p>.<p>The service, which is especially popular with younger investors, has described its mission as "to democratize finance for all."</p>.<p>The company had 18 million funded accounts at the end of March with $81 billion in assets under custody.</p>.<p>The company was cofounded in 2013 by Vladimir Tenev and Baiju Bhatt, who met as undergraduates at Stanford University.</p>.<p>Robinhood's growing population of individual investors have played a role in the so-called "Reddit Rebellion" in which retail investors coalesced on the Reddit social network in 2021 to support beaten-down stocks such as GameStop and BlackBerry.</p>.<p>The company plans to trade on Nasdaq under the ticker "HOOD."</p>
<p>The fast-growing online investment platform Robinhood aims for a valuation of as much as $35 billion when it goes public, the company said Monday in a securities filing.</p>.<p>Robinhood, which has grown quickly during the coronavirus pandemic, anticipates offering shares at between $38 and $42 apiece, making its initial public offering worth as much as $2.3 billion.</p>.<p>The service, which is especially popular with younger investors, has described its mission as "to democratize finance for all."</p>.<p>The company had 18 million funded accounts at the end of March with $81 billion in assets under custody.</p>.<p>The company was cofounded in 2013 by Vladimir Tenev and Baiju Bhatt, who met as undergraduates at Stanford University.</p>.<p>Robinhood's growing population of individual investors have played a role in the so-called "Reddit Rebellion" in which retail investors coalesced on the Reddit social network in 2021 to support beaten-down stocks such as GameStop and BlackBerry.</p>.<p>The company plans to trade on Nasdaq under the ticker "HOOD."</p>