ChainCatcher news, according to sources cited by Sky News, the UK crypto-friendly bank Ziglu is in talks with buyers interested in acquiring it at a lower price after the acquisition deal with Robinhood fell through, and is hiring investment bankers to oversee the sale. Additionally, the company hopes to raise around £2 million ($2.46 million) at a valuation of $12.3 million to continue operating until a sales agreement is reached.Previously, ChainCatcher reported in April last year that Robinhood agreed to acquire Ziglu for $170 million, but in August reduced the acquisition offer to $72.5 million, leading to the collapse of the deal. (source link)

ChainCatcher news, according to The Block, Robinhood's Chief Financial Officer Jason Warnick stated that due to regulatory uncertainty, the acquisition of the UK crypto startup Ziglu will not be completed this quarter. Jason emphasized that despite the uncertainty surrounding the acquisition of Ziglu, expansion outside the United States is still ongoing, with plans to launch the Robinhood wallet to international markets early next year.ChainCatcher previously reported that Robinhood significantly reduced its acquisition offer for the UK crypto startup Ziglu to $72.5 million. (The Block)