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Robinhood shares are higher after Bloomberg News reports crypto site FTX may be exploring a deal with the trading app 👀 FTX is one of the largest crypto exchanges in the world and offers derivatives products for more sophisticated traders as well as spot trading. FTX has become a rival to Coinbase and Binance, though it doesn’t offer its services in the U.S. Recently, FTX founder and CEO Samuel Bankman-Fried acquired a 7.6% stake in $HOOD last month and reportedly has held acquisition talks with other brokerage companies Webull, Apex, and Public.com. What your reaction to the news 💬 #robinhood #crypto #ftx #acquisition #stockmarket
June 27, 2022
HOOD
HOOD18.63%
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