HOOD - Robinhood Markets Stock Is Rising Thursday: What's Going On? | Benzinga
Robinhood Markets Inc (NASDAQ:HOOD) shares are moving higher Thursday after the company announced it will acquire cryptocurrency exchange Bitstamp.
What Happened: Robinhood announced Thursday morning that it entered into an agreement to acquire Bitstamp and bring its globally-scaled crypto exchange to Robinhood.
Bitstamp holds over 50 active licenses and registrations globally. Robinhood said it expects the takeover of the global exchange to significantly accelerate the ...