Paige Smith / Bloomberg:

Robinhood agrees to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, in a $300M deal expected to close in H1 2025  —  The deal — for about $300 million in cash and stock — is expected to close in the first half of next year, Robinhood said in a statement.

Paige Smith / Bloomberg:

Robinhood agrees to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, in a $300M deal expected to close in H1 2025  —  The deal — for about $300 million in cash and stock — is expected to close in the first half of next year, Robinhood said in a statement.

Source: TechMeme
Source Link: http://www.techmeme.com/241119/p30#a241119p30