M&A

FTX does not have active M&A conversations with Robinhood, FTX CEO Sam Bankman-Fried told CNBC in an emailed statement. Bankman-Fried’s disclosure came after Bloomberg reported that FTX is exploring opportunities to acquire the American crypto and stock trading platform. Bloomberg’s report cited people familiar with the matter. While Bankman-Fried claims FTX is not holding any M&A talks with Robinhood at the moment, he said: We are excited about Robinhood’s business prospects and potential ways we could partner with them, and…