FTX and Emergent Fidelity CEO Discloses 7.6% Stake in Robinhood


Sam Bankman-Fried, chief executive of cryptocurrency exchange FTX, and Emergent Fidelity Technologies Ltd. disclosed a roughly 7.6% stake in Robinhood Markets Inc., but said they had no plans to take any action on the investment at this stage, according to a stockbroker. deposit.

Mr. Bankman-Fried and Emergent Fidelity Technologies, a company incorporated in Antigua and Barbuda, are among the biggest investors in the platform which went public last year, according to FactSet.


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