Tag: Robinhood
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Kraken, Galaxy Digital, and Robinhood back stablecoin developed by Paxos
Paxos has introduced USDG, a new dollar-pegged stablecoin, with backing from major crypto players like Kraken, Galaxy Digital, and Robinhood. These companies formed the Global Dollar Network, a consortium focused on expanding regulated stablecoins worldwide. Issued in Singapore, USDG aims to offer a balanced model, challenging Tether and Circle in the market. Key Points: USDG…
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Robinhood to Acquire Global Crypto Exchange Bitstamp in $200 Million Deal
Robinhood plans to acquire Bitstamp for $200 million, expanding its global crypto presence and enhancing services with Bitstamp’s extensive customer base and advanced crypto offerings.