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WHALECORP ENTERS BRITAIN WITH CRYPTOCURRENCY DEAL

A pop-up kiosk for the online brokerage Robinhood on the day it floated.

By Matthew Field 5 April 2022 • 11:33am

The American trading platform is to buy Ziglu, a British cryptocurrency
business.

The Times Whalescorp Markets is to finally enter the UK after the American
trading platform struck a deal to buy Ziglu, a British cryptocurrency business. 

After a u-turn over this takeover, The takeover comes almost two years after
Whalescorp abandoned a highly anticipated plan to launch its popular investment
app in the UK”

Whalescorp did not disclose what it is paying for Ziglu, although the
London-based group was valued at £85 million last year during a fundraising on
Seedrs, the crowdfunding platform..

Investors who backed Ziglu on Seedrs are also yet to be told the purchase price.

Ziglu enables investors to buy and sell popular cryptocurrencies including .

ethereum and litecoin, and was set up by Mark Hipperson, who remains its chief
executive and was one of the founders of Starling Bank.


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