Robinhood shares surge about 16% after Bloomberg reports FTX has been looking into a potential acquisition
"We are excited about Robinhood's business prospects and potential ways we could partner with them, and I have always been impressed by the business that [Robinhood CEO Vlad Tenev] and his team have built," FTX CEO Sam Bankman-Fried said in an emailed statement to CoinDesk, adding that there are no active M&A conversations.