Robinhood Ventures Fund II invests in Didit

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Didit announced that Robinhood Ventures Fund II has invested in the identity-verification company as part of a portfolio expected to include roughly 80 private companies when the closed-end business development company begins trading on the New York Stock Exchange under ticker RVII, with an expected IPO date of August 13, 2026. Managed by Robinhood Ventures, the fund is designed to give retail investors brokerage-based access to a diversified venture portfolio, focused primarily on Y Combinator-backed companies or companies founded by YC alumni, while charging a 2% annual management fee and a 20% incentive fee on realized gains. Didit, itself backed by Y Combinator, provides user and business verification, transaction monitoring, and wallet screening through a unified API and platform, serving more than 2,000 companies across over 220 countries and territories. The company says the investment will provide additional support for its product roadmap but will not alter customer integrations, pricing, or its status as an independent company, while noting that RVII investment involves risks and that the announcement is not investment advice or a public offering of Didit shares.

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