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Bankman-Fried’s FTX is seeking a path to buy Robinhood

Sarah Wolter

June 28, 2022

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

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.”

https://www.bloomberg.com/news/articles/2022-06-27/bankman-fried-s-ftx-said-to-be-seeking-path-for-robinhood-deal?sref=EcccZSTc&srnd=markets-vp#xj4y7vzkg

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