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COINTURK NEWS > Cryptocurrency News > Robinhood Expands Crypto Services with Futures Trading
Cryptocurrency News

Robinhood Expands Crypto Services with Futures Trading

In Brief

  • Cryptocurrency companies are expanding globally.

  • Robinhood plans to offer crypto futures trading services.

  • Robinhood acquired Bitstamp for $200 million.

COINTURK NEWS
COINTURK NEWS 11 months ago
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Cryptocurrency companies are growing globally, and traditional finance entities are entering this space. A recent news update promises significant capital inflow into crypto. BTC might not react immediately, but this development could have an impact soon.

Crypto Breaking News

Robinhood is a well-known platform for buying and selling stocks and crypto. It gained significant attention during the GameStop incident and has since grown. The crypto-supporting company aims to offer futures trading services, listing more altcoins. They plan to provide crypto futures services to customers in the US and the European Union.

Bitstamp acquisition was previously announced. Robinhood purchased the crypto exchange for $200 million, with the deal expected to complete next year. Using the Luxembourg-based crypto exchange’s licenses, Robinhood could launch crypto futures services for Bitcoin and other tokens in Europe. A clearer statement of this intention may be seen in the coming days.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 2 July, 2024 - 5:54 pm 2 July, 2024 - 5:54 pm
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