Ziglu, a British cryptocurrency business, is seeking a cut-price sale after a takeover by Robinhood fell through last year. The company, which offers crypto trading to thousands of customers, is reportedly in the process of hiring investment bankers to oversee the sale.
The cryptocurrency business Ziglu is seeking a cut-price sale after a takeover by Robinhood fell through last year. The company, which offers crypto trading to thousands of customers, is reportedly in the process of hiring investment bankers to oversee the sale. This could be a great opportunity for investors who are looking for a bargain!
Ziglu is seeking £2m in order to continue operating until a sale can be agreed. The company recently announced plans to suspend some services to reduce costs, including a decision not to take on new customers for several months.
Ziglu, a company on the brink of a $170m takeover by Robinhood last year, has begun talks with a number of interested parties about selling the firm, according to reports. The company’s founder, Mark Hipperson, left the company around the same time the deal was abandoned in February.