Robinhood plans to enter the Asian market next year and is seeking more merger and acquisition activities

Odaily Daily News: Robinhood CEO Vlad Tenev announced that the company will enter Asia next year and establish a local headquarters in Singapore. According to Jason Warnick, Chief Financial Officer of Robinhood, the company is seeking more merger and acquisition activities, and currently Robinhood is completing two new acquisitions. One is TradePMR, a wealth management platform for registered investment advisors, which it acquired for $300 million; The other is the acquisition of Bitstamp Ltd. for $200 million, a global cryptocurrency exchange founded in 2011 with offices in Luxembourg, the United Kingdom, Slovenia, Singapore, and the United States. （Fortune）