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Vlad Tenev Says Robinhood 'Now Approved' To Serve As IPO Underwriter: 'We Intend To Be Disruptive In This Space'
Benzinga·
Robinhood Markets has received approval to serve as an IPO underwriter, expanding beyond its retail distribution platform. CEO Vlad Tenev announced the company intends to be disruptive in the IPO underwriting space, positioning Robinhood to compete directly with traditional Wall Street firms. This move comes as major IPOs like SpaceX are expected to launch soon.
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