Google's parent company Alphabet has reduced its stake in Robinhood by nearly 90%

ChainCatcher news, according to a Reuters report, a regulatory filing shows that Google's parent company Alphabet has reduced its holdings in Robinhood by nearly 90%.

Previous reports indicate that, according to a research report published by Blockdata, Google's parent company Alphabet invested a total of $1.56 billion in four rounds in blockchain companies from September 2021 to June 2022, leading among publicly traded companies investing in the sector.