Jay Z’s Company Invests in Robinhood’s Cryptocurrency Trading Platform

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Renowned rapper and producer Jay Z’s entertainment company Roc Nation, founded in 2008, has invested in Robinhood’s cryptocurrency trading platform. Arrive, a subsidiary of Roc Nation, stated in an official announcement that it has invested in Robinhood because of its vision to improve the accessibility of financial markets. Arrive’s statement emphasized the importance of Robinhood’s cryptocurrency venture, adding: “Robinhood Crypto (…) will bring commission-free trading of Bitcoin and Ether to the Robinhood platform.” Neil Sirni, the president of Arrive, wrote: We believe in Baiju and Vlad’s mission to make the financial markets more accessible and cost efficient for customers of all size.

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