It is stated that FTX, one of the largest cryptocurrency exchanges in the world, wants to buy Robinhood, which is allegedly experiencing troubled days.
According to the news of Bloomberg, FTX has acquired Robinhood, the US-based financial services company that introduces cryptocurrencies to millions of investors. ways to buy researching.
FTX CEO Sam Bankman-Fried told Bloomberg:
We are excited to partner with Robinhood. However, we do not have an active merger partnership or acquisition negotiations.
Fried in recent months 650 million dollars giving Robinhood 7.6% a stake had bought. In his statements at the time, FTX CEO Robinhood “interesting” is an investment, but the firm an impact on the management He said he wouldn’t.
Despite the fact that the cryptocurrency market is in a bearish period, there is not much more to it than this. unaffected FTX, which looks like keep the cryptocurrency market afloat by lending it’s working.
FTX reported on cryptocurrency lending and staking platform BlockFi about a week ago. He gave a loan of 250 million dollars had announced.