TechFlow, September 10 — According to The Wall Street Journal, Robinhood will launch a social media platform called Robinhood Social for investors. Robinhood is adding a social feature to its mobile app that will allow users to post trades, follow other investors, and track market moves by public figures such as Meta Platforms CEO Mark Zuckerberg and former U.S. House Speaker Nancy Pelosi.
The company plans to roll out a test version of the platform to about 10,000 users in the first quarter of next year, with the exact launch date yet to be determined. Robinhood Social will offer a feed of short posts similar to platforms like X or Reddit. Posted trades will be verified, and investors will be able to see the entry and exit times of the trade authors.
Robinhood says this addresses a key challenge investors face on other social networks: difficulty verifying whether the person behind a post or the trade being discussed is genuine. Users will also be able to review an author’s performance, including their profit margins and other trading statistics. In addition to sharing trades involving stocks, options, cryptocurrencies, and prediction markets, users will be able to initiate trades directly by tapping on symbols within posts.
