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

Altszn.com by Altszn.com
June 7, 2024
in Blockchain, Crypto, DeFi, Web3
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Robinhood’s (HOOD) Bitstamp Deal is Strategic And Brings Added Institutional Exposure: Bernstein
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Exchanges offer a wide range of services such as staking, stablecoins, trading, custody and prime broking, the note said. The acquisition of Bitstamp potentially allows Robinhood to offer a wider range of crypto products to a more institutional client base. Bernstein has an outperform rating on Robinhood stock with a $30 price target. The shares were little changed in early trading on Friday at around $23.



Read More: www.coindesk.com

Tags: AddedBernsteinbitstampBringsDealDeFiExposureHOODInstitutionalRobinhoodsstrategic
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