The app priced its shares at $38 USD a piece.
Robinhood is aiming for a market value of up to $35 billion USD.
While Facebook hit over a trillion USD in market capitalization and Louis Vuitton broke records.
Related to the memestock fiasco earlier this year.
The investment app’s crypto trading systems faced a system failure.
The IPO is expected to take place after U.S. regulators complete their review.
Redditor and YouTube personality Roaring Kitty has also been summoned.
In retaliation for restricting GME trades.
The online brokerage announced the controversial measures earlier today.
The move could significantly affect trading price when it goes public.
Robinhood has three million users and is currently valued at $1.3 billion.
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