The investment professionals exposed that RoFX deal with Warren Buffet’s financial conglomerate can be valued at $500 million. As the trading software company is about to go public, raised money will help ROFX build a better AI architecture. Thus it will increase RoFX trading results and clients’ profits.
According to the company’s sources, in the third quarter of 2021, RoFX, one of the world’s top forex robots, is finally starting the IPO process.
Berkshire Hathaway Inc is now in negotiation to bite the majority stake in RoFX before the AI fintech startup goes public.
Regularly acknowledged for his conservative investing strategy, Warren Buffet forms a pool of technology investments like Amazon, Snowflake, his largest position – Apple, and now RoFX.