Robinhood will not acquire the UK crypto company Ziglu this quarter

ChainCatcher news, according to The Block, Robinhood's Chief Financial Officer Jason Warnick stated that due to regulatory uncertainty, the acquisition of the UK crypto startup Ziglu will not be completed this quarter. Jason emphasized that despite the uncertainty surrounding the acquisition of Ziglu, expansion outside the United States is still ongoing, with plans to launch the Robinhood wallet to international markets early next year.

ChainCatcher previously reported that Robinhood significantly reduced its acquisition offer for the UK crypto startup Ziglu to $72.5 million. (The Block)