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Cove Markets to join Robinhood Crypto in latest acquisition By Cointelegraph




Cove Markets, an API platform that enables users to trade across multiple centralized exchanges and manage aggregate financial data, will become part of Robinhood (NASDAQ:) Crypto, as announced by the discount brokerage late Tuesday. Traders and investors can connect up to seven exchanges, including Coinbase (NASDAQ:) Pro, Kraken, Bitfinex, etc., using Cove Markets to trade over 50 major currencies and altcoins.

The two trading firms said they plan to increase the volume of order routing and execution on Robinhood with the acquisition. Christine Brown, chief operating officer of Robinhood Crypto, made the following remarks regarding the development: