Source: Coindesk.com
The Bitstamp acquisition is a strategic move by Robinhood to expand its crypto business, the report said. Bernstein said that by acquiring an exchange the trading platform can offer markets in many more tokens. JMP said it doesn't expect material accretion from the deal.
Robinhood’s (HOOD) acquisition of Bitstamp
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The post "Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein" appeared first here Coindesk.com.
Source: Coindesk.com
