Robinhood considering offering crypto futures in US, Europe, Bloomberg reports

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Robinhood Markets,Europe,Futures

The commission-free trading app is hoping to use the licenses of crypto exchange Bitstamp, which it agreed to buy last month in a $200 million deal, once the...

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City

The commission-free trading app is hoping to use the licenses of crypto exchange Bitstamp, which it agreed to buy last month in a $200 million deal, once the transaction closes next year, the report said."We have no imminent plans to launch these offerings," a spokesperson for the company said in a statement to Reuters.The company's crypto business is seeing rapid growth but is also facing regulatory hurdles in the U.S.

-- Steve Ballmer passed Bill Gates on Monday to become the sixth-richest person in the world, the first time the former chief executive officer of Microsoft Corp. has been wealthier than the company’s co-founder.

 

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