TechFlow News, citing Bloomberg and sources familiar with the matter, reported that cryptocurrency exchange FTX is internally considering whether to acquire stock and crypto trading platform Robinhood. The matter has not yet been made public. Another person said that Robinhood has not received a formal acquisition proposal from FTX. According to the sources, no final decision has been made, and FTX may choose not to proceed with the deal.
In early May, CNBC reported that FTX had approached at least three stock trading firms for potential acquisitions, including Apex Clearing, Public.com, and Webull from China.
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