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Robinhood acquires British crypto firm Ziglu to push expansion plans

2022.04.19 19:41

Robinhood acquires British crypto firm Ziglu to push expansion plans
Robinhood acquires British crypto firm Ziglu to push expansion plans

Robinhood (NASDAQ:HOOD), a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu.

Robinhood officially announced Tuesday that it had signed a deal to acquire Ziglu, subject to regulatory approvals and other closing conditions. The firm declined to disclose the size of the deal to Cointelegraph.

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