Robinhood Buys Crypto App Ziglu

Posted on 04/24/2022

Robinhood (Nasdaq: HOOD) agreed to buy Ziglu Limited, a British electronic money institution and crypto-asset firm. Ziglu raised over US$ 40 million from crowdfunding and firms like Bigspace Investments and Seedrs.

In November 2021, Ziglu closed its crowdfunding round early after raising £7.19 million on Seedrs. Ziglu is found by former Starling Bank co-founder and CTO Mark Hipperson. The startup raised £6 million from 1,250 investors on Seedrs in December 2020.

Keywords: Robinhood Markets Inc.

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