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.
Robinhood Reveals the Deal With Ziglu
The US financial services company – Robinhood – continues to be active on the crypto scene. In a blog post, the organization disclosed it had signed a deal with the London-based digital asset trading venue – Ziglu Limited. Once approved by regulators, Robinhood will acquire the British company as it seeks to expand its operations into Europe.
Vlad Tenev – CEO of the American firm – said Ziglu’s “impressive” team consists of “crypto experts” that will guide Robinhood’s operations on the Old Continent.
“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 a
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