Robinhood, an investment and trading app company, announced that it has acquired startup Ziglu. It develops a crypto wallet linked to a debit card.

“Ziglu and Robinhood share a common goal of reducing barriers to the next generation of investors. “As part of Robinhood, we will strengthen the company’s expansion in Europe and simplify access to cryptocurrencies and their benefits for millions of new customers,” said Mark Hipperson, Ziglu founder and CEO.

The statement states that for now, both companies will continue to operate separately, as the takeover deal must be approved by the regulator.

“As our company expands internationally, we are pleased to announce the acquisition of Ziglu Limited, licensed by the UK-based Electronic Money Corporation,” Robinhood said.

The company added that you can now trade 11 cryptocurrencies in the Ziglu app, earn deposits in digital assets, pay for your purchases by card, and make transfers abroad.

The American broker made an ironic retelling of a Ziglu tweet dated July 21, 2020, in which he called for the use of the startup’s services due to Robinhood’s decision to delay the launch in the UK.

Previously, Robinhood expanded access to its cryptocurrency wallet beta testing and announced plans for Lightning Network integration.