Announced

Robinhood to acquire Ziglu.

Synopsis

Robinhood, an institutional brokerage company, agreed to acquire Ziglu, an operator of a cryptocurrency platform. Financial terms were not disclosed. “Ziglu and Robinhood share a common set of goals, working to reduce the barriers to entry for a new generation of investors, and we’re excited to pursue that mission together. As part of Robinhood, we’ll supercharge Robinhood’s expansion across Europe and bring better access to crypto and its benefits to millions more customers," Mark Hipperson, Ziglu Founder and CEO.

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