June 27 (Reuters) - Sam Bankman-Fried's FTX crypto exchange said it is not in talks to acquire Robinhood Markets Inc (HOOD.O), after a report on Monday claimed the exchange was exploring such a deal.
Bloomberg News reported on Monday FTX was discussing internally how to buy the app-based brokerage and that Robinhood had not received a formal takeover approach, citing people with knowledge of the matter.
"There are no active M&A conversations with Robinhood," Bankman-Fried said in an emailed statement."We are excited about Robinhood's business prospects and potential ways we could partner with them."
Robinhood declined to comment. The retail-trading platform's shares were down 5% in extended trading after jumping over 14% on the report.
Last month, the founder and chief executive of FTX revealed a 7.6% stake in Robinhood but said he did not have any intention of taking control of the retail-trading platform.
Robinhood's dual-class shares give its founders control of 64% of the voting shares outstanding, making it virtually impossible for takeovers without their support.
