Robinhood’s (HOOD) Bitstamp Deal is Strategic And Brings Added Institutional Publicity: Bernstein

Exchanges supply a variety of providers reminiscent of staking, stablecoins, buying and selling, custody and prime broking, the word mentioned. The acquisition of Bitstamp doubtlessly permits Robinhood to supply a wider vary of crypto merchandise to a extra institutional consumer base. Bernstein has an outperform score on Robinhood inventory with a $30 worth goal. The shares have been little modified in early buying and selling on Friday at round $23.

Source link

- Advertisement - spot_img

Latest stories

You might also like...