Earlier today, commission-free stock and crypto trading app Robinhood announced the acquisition of MarketSnacks, a popular financial news podcast and newsletter by Jack Kramer and Nick Martell.
Shortly after the announcement, the first issue of “Robinhood Snacks” hit user inboxes, showing off the newly rebranded newsletter, which includes daily and weekly issues.
Thanks to the acquisition, both the newsletter and podcast – now named “Snacks Daily” – will be easily accessible for Robinhood’s more than 6 million users.
New HQ, fresh name: We’ve moved from NYC to Robinhood’s Silicon Valley homebase.
Bigger: Expect to see Snacks’ bite-sized news everywhere you scroll, swipe, and smile-emoji-with-heart-eyes your news.
The pair have joined Robinhood as managing editors of news and have relocated to the company’s HQ in Menlo Park, California.
According to Fortune, Robinhood approached MarketSnack about the acquisition due to user interest in “Easily digestible and accessible business news.” The terms of the deal have not been disclosed.