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Robinhood Seeks Advisers for Potential IPO Next Year

Robinhood
Photographer: Gabby Jones/Bloomberg
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Robinhood Markets, the trading platform that’s proved popular with novice investors, has asked banks to pitch for roles in an initial public offering, according to people with knowledge of the matter.

The company is aiming to go public as soon as the first quarter of 2021, said the people, who asked not to be identified because the information is private.