Once the collaboration receives a green light from the British watchdogs, Robinhood will acquire Ziglu Limited.
As part of its international expansion efforts, Robinhood signed an agreement to purchase the British cryptocurrency exchange – Ziglu Limited. The former raised hopes that the acquisition will allow it to spread its presence into the UK and across Europe.The US financial services company – Robinhood – continues to be active on the crypto scene. In a, the organization disclosed it had signed a deal with the London-based digital asset trading venue – Ziglu Limited.
“Together with the Ziglu team, we’ll work to leverage both companies, exploring new ways to innovate and break down barriers for customers across the UK and Europe,” he added. Nothing will change for Ziglu’s users in the near term. For the longer term, Robinhood will integrate the exchange “more fully,” the statement reads.enabled
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