The brokerage is seeking SEC approval for Robinhood Ventures Fund I, which would trade on the NYSE and expose retail investors to private companies. Brokerage firm Robinhood is planning a closed-end fund that would give retail investors access to its venture capital portfolio — a space traditionally reserved for institutions and high-net-worth individuals. The brokerage disclosed Monday that it has filed a Form N-2 with the US Securities and Exchange Commission (SEC) to register shares of the Robinhood Ventures Fund I (RVI), which will be managed by its new subsidiary, Robinhood Ventures DE. If approved, shares of RVI will be listed on the New York Stock Exchange, where they can be bought and sold through participating brokerage platforms. Read more
Bitcoin is facing solid resistance at $117,500, but the possibility of a rally to $124,474 remains high as long as the price remains above the moving averages. Key points: Bitcoin is facing significant resistance at $117,500, but the bulls remain on top as long as the price stays above $113,400. Several altcoins are showing signs of profit booking in the near term, but lower levels are likely to attract buyers. Read more
The new team will be led by Ethereum Foundation research scientist Davide Crapis and will support projects that seek to create an ecosystem for humans and AI. The Ethereum Foundation announced a new AI-focused research team, aiming to blend the censorship-resistant power of blockchain with one of tech’s hottest fields. Davide Crapis, a research scientist with the Foundation, said Monday that the new team will focus on developing an AI economy on Ethereum and a decentralized AI stack for developers. “Ethereum makes AI more trustworthy, and AI makes Ethereum more useful,” Crapis said on X. “The more intelligent agents transact, the more they need a neutral base layer for value and reputation. Ethereum benefits by becoming that layer and AI benefits by escaping lock-in to a few centralized platforms.” Read more
The purchase as part of the company’s accumulation strategy started in 2020 has resulted in Strategy holding more than $73 billion worth of BTC. Strategy, the business intelligence company co-founded by Michael Saylor, has increased its Bitcoin holdings to more than $73 billion after a reported purchase as part of its treasury strategy. In a Monday notice, Saylor said the company had acquired 525 Bitcoin (BTC) for about $60 million, given an average price of $114,562 per coin. The additional Bitcoin resulted in Strategy’s holdings totaling 638,985 BTC, worth more than $73 billion at the time of publication. The Bitcoin purchase was part of Strategy’s accumulation strategy, launched in August 2020 with a $250-million BTC investment. Since that initial investment, the company has regularly announced significant BTC buys, including a report of a $450 million purchase at the end of August and early September. Read more
At BaseCamp 2025, Coinbase’s Layer 2 network said it is weighing a token launch to boost decentralization, while unveiling a Solana bridge to expand cross-chain interoperability. Coinbase’s layer-2 network Base may soon launch a native token, creator Jesse Pollak said at the BaseCamp event. According to Base, the new token could support decentralization and expand opportunities for builders and creators. “We’re in the early phases of our exploration, and don’t have any specifics to share around timing, design, or governance,” the network said Monday. Base is a layer-2 blockchain built on Ethereum and incubated by Coinbase. It processes transactions offchain before settling them on Ethereum. Read more