Robinhood in ‘Food Fight’ for Anthropic IPO Retail Allocation

(Bloomberg) -- Robinhood Markets Inc. is competing with other retail brokerages to fight for access to Anthropic PBC's mega-IPO. Most Read from Bloomberg Ray-Ban Heir Rejects $3.9 Billion Offer for Stake in Family Firm Wall Street Eyes Biggest Treasury Sales Overhaul in Years Anthropic Commits to $895 Billion in Spending as Mega-IPO Nears S&P 500 Wavers as Chip Rout Offsets US-Iran Hopes: Markets Wrap Wash Trades and 5,000% Gains: Inside Indonesia's MSCI Hustle The firm fields demand from its clients for access to shares in an initial public offering, then sends it to the company going public and the banks handling the stock sale, Robinhood Chief Financial Officer Shiv Verma said Monday in a Bloomberg Television interview.