Robinhood Adds Ziglu Crypto Asset Platform

Equity and cryptocurrency exchange Robinhood has signed an agreement to acquire UK-based e-money institution and cryptocurrency asset firm Ziglu Limited, according to a company blog post on Tuesday (19). april.

Ziglu allows UK customers to buy and sell 11 cryptocurrencies, earn yield through its Boost products, pay with a debit card, and move and spend money around the world with no fees.

“Like Robinhood, Ziglu believes the new era of digital money offers a wealth of opportunities, and Ziglu exists to make those opportunities available to everyone,” the blog post reads. “Their talented team and technology will help us accelerate our international expansion, both in the UK and Europe.”

Earlier this year, Robinhood announced plans to open up its cryptocurrency platform to customers around the world.

“Ziglu and Robinhood share a common set of goals, working to lower barriers to entry for a new generation of investors, and we are excited to continue this mission together,” said Mark Hipperson, Founder and CEO of Ziglu. , in the blog. Publish.

“As part of Robinhood, we will accelerate Robinhood’s expansion across Europe and bring greater access to crypto and its benefits to millions more customers,” he said.

Robinhood plans to integrate Ziglu into its long-term platform, bringing the Robinhood brand overseas and expanding across Europe.

“Ziglu’s impressive team of highly experienced financial services and crypto experts will help us accelerate our global expansion efforts,” Vlad Tenev, CEO and co-founder of Robinhood Markets, said in the blog post.

“With the Ziglu team, we will work to leverage the best of both companies, exploring new ways to innovate and break down barriers for customers across the UK and Europe,” he said. he declares.

Related: Crazy barking? Robinhood CEO Sees Dogecoin as the “Future Internet Currency”

Last week, Tenev posed a question on Twitter that has been on very few people’s minds: Can dogecoin “really be the future currency of the internet and people” that bitcoin was supposed to be? He came to the conclusion that it was possible, with two big improvements.

——————————

NEW PYMNTS DATA: THE FUTURE OF BUSINESS SUPPLIER INNOVATION STUDY – APRIL 2022

Plastiq - The Future Of Business Payables Innovation: How New B2B Payment Options Can Transform The SMB Back Office - April 2022 - Find out how all-in-one payment solutions can help businesses streamline B2B transactions and eliminate transaction friction. AP and AR management

On: While more than half of SMBs believe an all-in-one payment platform can save them time and improve cash flow visibility, 56% believe the solution could be difficult to integrate with AP systems and existing ARs. The Future Of Business Payables innovation report, a collaboration between PYMNTS and Plastiq, surveyed 500 SMBs with revenues between $500,000 and $100 million to explore how all-in-one solutions can exceed customer expectations. SMEs and help sustain their activities.

We wish to say thanks to the writer of this short article for this remarkable material

Robinhood Adds Ziglu Crypto Asset Platform


We have our social media profiles here and other pages related to them here.https://metfabtech.com/related-pages/