Free stock trading app Robinhood rockets to a $5.6B valuation with new funding round – TechCrunch

Robinhood started off as a dead-simple stock trading application that had no transaction fees — but since it’s continued to grow, and especially as it starts to dive into cryptocurrency, investors are getting pretty excited about its prospects and are pouring a ton of new funding into it. And it’s that tantalizing prospect of creating a next generation way of trading assets and cryptocurrency is