{"id":54697,"date":"2021-12-15T10:13:08","date_gmt":"2021-12-15T08:13:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54697"},"modified":"2025-09-03T21:41:37","modified_gmt":"2025-09-03T18:41:37","slug":"robinhood-acquires-cove-markets","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/robinhood-acquires-cove-markets\/","title":{"rendered":"Robinhood Acquires Cove Markets"},"content":{"rendered":"<p>Online broker Robinhood has announced the acquisition of Cove Markets, a cross-exchange platform for trading digital assets, to develop its app.<\/p>\n<blockquote class='twitter-tweet'>\n<p lang='en' dir='ltr'>Thrilled to welcome the <a href='https:\/\/twitter.com\/CoveMarkets?ref_src=twsrc%5Etfw'>@CoveMarkets<\/a> team to Robinhood! Their incredible experience in trading execution and crypto market infrastructure will help us to build an even better crypto platform for all our Robinhood crypto traders. <a href='https:\/\/t.co\/m4Wnl9Ojv3'>https:\/\/t.co\/m4Wnl9Ojv3<\/a><\/p>\n<p>\u2014 Christine (Hall) Brown (@christine_hall) <a href='https:\/\/twitter.com\/christine_hall\/status\/1470861980231634944?ref_src=twsrc%5Etfw'>December 14, 2021<\/a><\/p><\/blockquote>\n<p> <script async='' src='https:\/\/platform.twitter.com\/widgets.js' charset='utf-8'><\/script><\/p>\n<p>Terms of the deal were not disclosed.<\/p>\n<blockquote class='wp-block-quote is-layout-flow wp-block-quote-is-layout-flow'>\n<p><em>\u201cCove&#8217;s rich experience in trade execution and market infrastructure will enable more efficient trading opportunities,\u201d<\/em> said Christine Brown, COO of Robinhood Crypto.<\/p>\n<\/blockquote>\n<p>The platform&#8217;s co-founders Scott Knudsen and Victoria Glava, along with the project team, will join Robinhood.<\/p>\n<p>Cove Markets launched in 2018 with the aim of helping users manage their accounts and use tools to build portfolios.<\/p>\n<p>Earlier in December, Robinhood <a href=\"https:\/\/u1f987.com\/en\/news\/chainalysis-to-help-robinhood-with-compliance-controls-in-the-cryptocurrency-space\">announced<\/a> a partnership with analytics platform Chainalysis ahead of launching its own cryptocurrency wallet. In September, the online broker <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-confirms-rumors-of-testing-a-cryptocurrency-wallet\">confirmed testing<\/a> an app for storing digital assets. According to the company, the waitlist for the wallet <a href=\"https:\/\/u1f987.com\/en\/news\/the-number-of-people-awaiting-robinhoods-crypto-wallet-launch-has-surpassed-one-million\">exceeded one million users<\/a>.<\/p>\n<p>Follow ForkLog news on <a href='https:\/\/www.facebook.com\/forklog' target='_blank' rel='nofollow noopener'>Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online broker Robinhood has announced the acquisition of Cove Markets, a cross-exchange platform for trading digital assets, to develop its app.<\/p>\n","protected":false},"author":1,"featured_media":54698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1234],"class_list":["post-54697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-robinhood"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=54697"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54697\/revisions"}],"predecessor-version":[{"id":54699,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54697\/revisions\/54699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/54698"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=54697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=54697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=54697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}