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first_img Robinhood has launched IPO Access in the UK, allowing retail investors to subscribe to new US stocks at the offering price

Robinhood announced the launch of its IPO Access service in the UK, allowing retail investors to submit purchase requests at the official offering price before new stocks officially trade on the US market. Users can submit applications through their regular investment accounts, with the app providing the prospectus and SEC documents for each available new stock for investors to review before deciding whether to subscribe. Robinhood stated that it is collaborating with a UK public offering platform provider to offer access to eligible initial public offerings.This service was first launched in the US in 2021, and Robinhood claims to have participated in over 50 IPOs since then, opening it up to millions of US customers. Jordan Sinclair, President of Robinhood UK, stated that bringing IPO Access to the UK aims to provide the same opportunities for UK retail investors to participate in investments in the next generation of innovative public companies.This launch is a continuation of Robinhood's expansion in the UK. Last year, the company acquired the exchange Bitstamp for $200 million and opened cryptocurrency trading to eligible UK customers through Bitstamp in August of this year, supporting the buying and selling of over 50 cryptocurrencies in its main UK investment app, alongside stocks, ISAs, options, and futures. In July of this year, Robinhood launched the Robinhood Chain mainnet and provided eligible users with 24/7 trading of tokenized stock products. Robinhood stated that there are no commissions for IPO subscriptions but cautioned that participating in IPO investments carries significant risks, with stock price volatility potentially being high, especially in the early stages of listing.

Gate founder Han Lin shares the Vault concept, preventing unilateral access to funds

The founder of the cryptocurrency trading platform Gate, Han Lin, published an article sharing thoughts on fund security, proposing the Vault solution. The core principle is to prevent any party from having the ability to unilaterally access the funds. The private key is split into three shards through MPC, held respectively by the user’s device, Gate, and a disaster recovery party. The complete private key will not appear in any single location.Han Lin stated that since 2026, there have been over 600 security incidents, resulting in losses exceeding 8 billion dollars. In September alone, the losses amounted to 768 million dollars, and October is not yet over, with monthly losses already exceeding 6 billion dollars. More than 60% of the losses in the first half of the year were due to private key breaches and phishing, while code vulnerabilities accounted for just over 10%. In October, a hardware implant attack targeting distribution channels caused users to lose nearly 100 million dollars.The solution sets a 48-hour delay for Vault withdrawals, during which users can freeze their accounts at any time. If a user’s device is lost or the backup password is forgotten, Gate and a third party can assist in recovery after the user completes identity verification. If Gate services are unavailable, users can use device shards combined with third-party shards to recover assets through open-source tools. Han Lin expressed that the platform is willing to open up this architectural idea and the real user scenarios encountered for discussion among peers.
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