Crypto exchange FTX is looking into acquiring Robinhood: Report

Summary by Ground News

FTX says it is not in talks to acquire Robinhood Markets Inc. Bloomberg News reported on Monday FTX was discussing internally how to buy the app-based brokerage. Robinhood's dual-class shares give its founders control of 64% of the voting shares outstanding, making it virtually impossible for takeovers without their support.

2 months ago

News Articles

More Filters

All

Left

Center

Right

Ommcom News

Crypto Exchange FTX Denies It Is Acquiring Robinhood

San Francisco: Global crypto exchange FTX has clarified that it is not in active talks to acquire Silicon Valley-based online trading app Robinhood, the media reported on Tuesday. A TechCrunch report said that FTX is “excited” about Robinhood’s business prospects but is not talking about acquiring the platform. “We are excited about Robinhood’s business prospects […]The post Crypto Exchange FTX Denies It Is Acquiring Robinhood appeared first on …

2 months ago·Bhubaneswar, India

Read Full Article

Latestly

FTX Crypto Exchange Not in Active Talks To Acquire Trading App Robinhood: Report | 📲 LatestLY

Global crypto exchange FTX has clarified that it is not in active talks to acquire Silicon Valley-based online trading app Robinhood, the media reported on Tuesday. 📲 FTX Crypto Exchange Not in Active Talks To Acquire Trading App Robinhood: Report.

2 months ago

Read Full Article