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Fintech

Robinhood signs a deal to acquire UK’s Ziglu as part of expansion plans

Robinhood said nothing would immediately change for Ziglu customers, but that in the longer term it would integrate the group more fully into its operations

Weeks after Robinhood Markets extended cryptocurrency wallet services to more than two million users in the US, the investing platform is taking its move into digital assets overseas.

Robinhood has signed a deal to acquire Ziglu, a British electronic-money institution and cryptoasset firm, subject to regulatory approvals and other closing conditions, the groups said in a statement.

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