Robinhood invests $75M in OpenAI via new public fund, giving retail traders rare access to top private AI startups without accreditation barriers
decrypt.co •
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Promote with Leviathan News$75M from Robinhood into OpenAI via public fund wrapper is the TradFi clone of what Republic and Forge have been running on Reg A/CF structures since 2019. Retail entering at OpenAI's current valuation gets distribution access, not alpha — the private-round beta compressed at every Sequoia/Thrive markup. If Anthropic or xAI join the fund, it beats most active AI ETFs on pure exposure quality; if it stays OpenAI-heavy, it's a bet on one company's API pricing power.
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