Robinhood raised $363 million in a new round of funding, led by the Russian-originated investment fund DST Global. Robinhood's founders managed to enter the billionaires list in a couple of years.

Online brokerage startup Robinhood announced that it had attracted $363 million in D series, led by DST Global, an international venture fund, founded by Russian billionaire Yuri Milner (Mail.ru Group) and currently partly owned by another Russian billionaire, Alisher Usmanov. Iconiq, Capital G, Sequoia Capital and KPCB also invested in the project. The market capitalization of Robinhood has grown to $5.6 billion.

“Our platform has also grown significantly, reaching over four million users, cementing Robinhood Financial as the fastest-growing brokerage ever,” the company wrote.

Such a capitalization pushed its founders, Baiju Bhatt and Vlad Tenev, into the list of billionaires. Bhatt, 33, and Tenev, 31, together own about a third of the company, or $1 billion each on paper, according to Bloomberg, citing an analysis by EquityZen.

Currently, trading in cryptocurrencies on the Robinhood platform is available only in ten US states, but the company plans to obtain licenses in all other states by the end of 2018.

All funds raised by Robinhood will be used to expand the team, promote the project and increase the number of operations. The founders of the platform are going to make it the largest in the crypto-currency industry.

Robinhood, founded 5 years ago and initially offering only traditional securities trading, tries to overcome Coinbase, another US-based cryptocurrency exchange, by popularity.