Holpop News

Robinhood officially announced Tuesday that it has signed a deal to acquire UK-based cryptocurrency company Ziglu, subject to regulatory approval. The amount of the deal remains unknown.
The deal is designed to help Robinhood accelerate its international expansion and enter European markets.
“In the long term, we will integrate Ziglu more fully into Robinhood, take the Robinhood brand overseas and work to expand operations beyond the United Kingdom into Europe,” said a Robinhood spokesman.
Ziglu was founded by former Barclays technology head and Starling Bank co-founder Mark Hipperson in 2020. The company provides a digital platform that allows customers to buy and sell 11 cryptocurrencies. Ziglu’s platform also allows customers to receive crypto rewards and pay with a debit card.