Robinhood CFO: Seeking More M&A Activity
ChainCatcher news, according to Fortune, Robinhood CEO Vlad Tenev announced that the company will enter Asia next year, establishing a local headquarters in Singapore.
Additionally, Robinhood's Chief Financial Officer (CFO) Jason Warnick revealed that the company is seeking more merger and acquisition activities, and currently, Robinhood is completing two new acquisitions. One is TradePMR, a wealth management platform for registered investment advisors, which it acquired for $300 million; the other is the acquisition of Bitstamp Ltd. for $200 million, a global cryptocurrency exchange founded in 2011, with offices in Luxembourg, the UK, Slovenia, Singapore, and the United States.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
