Markets
Robinhood Markets Seeks Crypto Futures Listing in US, Europe, Report Says (NASDAQ:HOOD)
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- Robinhood Markets (NASDAQ:HOOD) is looking to offer cryptocurrency futures in the U.S. and Europe this year, a Bloomberg report said, citing people familiar with the company.
- “We have no imminent plans to launch these offerings,” a company spokesperson said.
- The company is looking to use Bitstamp’s licenses to offer perpetual futures for Bitcoin (BTC-USD) and other tokens in Europe, the report said.
- Last month, Robinhood Markets (HOOD) agreed to acquire Bitstamp, a global cryptocurrency exchange, for $200 million.
- The report also said that the company hopes to list BTC and Ether (ETH-USD) futures on CME in the US
- HOOD shares fell 2.9%.