Bankman-Fried's FTX Said To Be Seeking Path For Robinhood (HOOD) Deal - Bloomberg

June 27, 2022 2:59 PM EDT

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(Updated - June 27, 2022 3:03 PM EDT)

Sam Bankman-Fried’s FTX crypto exchange is exploring whether it might be able to acquire Robinhood (NASDAQ: HOOD), according to Bloomberg, citing people with knowledge of the matter.

FTX is deliberating internally how to buy Robinhood.

Robinhood hasn't received a formal takeover approach from FTX, the report said.

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