2024-7-4 13:30 |
The acquisition will provide a boost to BitOasis' plans to expand its presence across the region.
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Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.
The takeover, which hasn't been previously disclosed publicly, expands the cryptocurrency exchange's regulatory licensing in the U.S.
Ripple struck a deal to acquire Standard Custody & Trust Co., the company said Tuesday, in order to secure a New York trust charter in an ongoing expansion of its U.S. regulatory licensing.
Firm calls report by Bloomberg “factually inaccurate and highly misleading.”
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.