Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, said the company is not in talks to acquire online broker Robinhood. Reuters writes about it.

Earlier, Bloomberg said it was investigating the possibility of FTX taking over Robinhood, citing sources familiar with the situation.

At the same time, the publication stated that a final decision has not yet been made and the exchange may refuse to conclude a deal.

There are no active M&A talks with Robinhood. We are excited about Robinhood’s business prospects and potential ways to partner with them,” said Bankman-Fried.

Recall that in May, Emergent Fidelity Technologies, associated with the head of FTX, bought a 7.6% stake in Robinhood.

Bankman-Fried later said it would spend “billions” of dollars buying shares in other companies to expand the exchange’s product line.

In June, FTX acquired Canadian-regulated cryptocurrency platform Bitvo. According to media reports, the exchange is in talks with several companies focused on classic securities and to buy a stake in the BlockFi lending platform.

Last year, FTX agreed to buy Japanese cryptocurrency exchange Liquid and its subsidiaries. In June, it was renamed FTX Japan, which became the customer service division in Japan.

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