Robinhood mulls launch of crypto futures in U.S. and Europe

2024-07-03 03:39:16

Asia Tech Wire (July 3) -- Nasdaq-listed trading platform Robinhood is considering launching cryptocurrency futures in the U.S. and Europe in the coming months, according to Bloomberg.

Once it completes its $200 million acquisition of European crypto exchange Bitstamp next year, Robinhood hopes to use the exchange's license to offer perpetual futures on bitcoin and other tokens in Europe, the report said, citing people familiar with the matter.

The company also hopes to launch CME-based bitcoin and ethereum futures in the U.S., the people said.

Robinhood cryptocurrency

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