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FTX is deliberating internally how to buy the app-based brokerage, although Robinhood hasn’t received a formal takeover approach from FTX. FTX chief SBF says that he’s ‘excited’ about Robinhood’s prospects.
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“We are excited about Robinhood’s business prospects and potential ways we could partner with them,” Bankman-Fried said Monday in an emailed statement. “That being said, there are no active M&A conversations with Robinhood.”
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