The American neo-broker Robinhood becomes a takeover candidate.
The news agency Bloomberg, which specializes in financial news, reports that the crypto exchange FTX is checking internally whether an acquisition is possible.
Robinhood declined to comment.
But how likely is this scenario?
Franz Nestler
Editor in Business.
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Robinhood has emerged as one of the big players in the brokerage market during the pandemic.
The playful approach combined with a simple graphic interface has attracted young people in particular to the stock exchanges.
There are around 16 million monthly active customers, although the number has fallen by 5 million since the peak.
Accordingly, sales have also fallen - which is also directly reflected in higher losses.
So Robinhood brings with it a large customer base, but it has problems, which is also reflected in the rating of the neo-broker.
The paper is currently trading at around $8.80.
After the IPO, it still cost up to $70.
This puts Robinhood at just under $7 billion.
For FTX, on the other hand, it could be worthwhile to get away from the pure crypto business - also because it is not yet represented in the USA.
FTX CEO Samuel Bankman-Fried, who already owns 7.6 percent of Robinhood, said: "We are excited about the business prospects and the potential ways we could work with them and I have always been impressed with the deal." said Bankman Fried.
"Nevertheless, there are no active acquisition talks with Robinhood."