Robinhood Said to Consider Crypto Futures in US, Europe (1)

July 2, 2024, 2:49 PM UTC

Robinhood Markets Inc. is considering offering cryptocurrency futures in the US and Europe in the coming months, according to people familiar with the commission-free investing and trading platform’s plan.

Once its $200 million acquisition of Bitstamp Ltd. closes next year, Robinhood is hoping to use the crypto exchange’s licenses to offer perpetual futures for Bitcoin and other tokens in Europe, according to the people, who asked for anonymity because the plans haven’t been made public. It also wants to launch CME-based futures in the US for Bitcoin and Ether, the people said.

“We have no imminent plans to launch these ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.