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Robinhood is breaking into social media with a platform called Robinhood Social, where retail traders can share their positions and post about their investment victories. Robinhood Social will also allow investors to follow the moves and statistics of other users, including their profit and loss statements and profit rates, and will include profiles for public figures with their trades populated via public disclosures.
“We always thought it was something that we wanted to get into more of, especially with social and investing becoming more and more tied together,” Abhishek Fatehpuria, vice president of product management at Robinhood, said in an interview.
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