Robinhood Ventures Fund I (RVI) crossed the $1 billion market capitalization milestone on Friday, as announced by Robinhood Markets Inc. CEO Vlad Tenev in a post on X. RVI closed up more than 14% on Friday, ending the session at $39.13, and has gained more than 86% since its listing on March 6. The fund gained significant attention after announcing an investment of about $75 million in OpenAI on April 17. Robinhood Ventures Fund I has also invested $14.6 million in Stripe and nearly $20 million in ElevenLabs, according to a March announcement, and holds stakes in Databricks, Revolut, Mercor, and Airwallex. On Stocktwits, retail sentiment around RVI has remained in the ‘bullish’ territory over the past 24 hours.