Online broker Robinhood (NASDAQ:HOOD), criticized of late for its reliance on clients’ crypto trading, has nevertheless doubled down on crypto, announcing that it is acquiring Cove Markets. Based in Chicago, Cove Markets is a cross-exchange trading platform that makes it easier for people to manage their crypto accounts.

As part of the acquisition, co-founders Scott Knudsen and Victor Glava, as well as the Cove Markets team, will join the Robinhood crypto team.

No financial terms of the transaction were released.

Robinhood and Cove Markets stated that they share a common goal of making investing in cryptocurrencies simpler and lower cost.

Scott Knudsen, CEO and Co-Founder of Cove Markets said:

“We started Cove Markets three years ago to help crypto investors get the most out of their trading experience. Now, we are excited to join Robinhood to help build a world-class platform that can improve trading for millions of customers.”

Christine Brown, Chief Operating Officer of Robinhood Crypto added:

“Scott, Victor and the Cove Markets team will bolster our crypto trading platform and help us strengthen our leadership in the crypto industry. Their wealth of experience in trading execution and crypto market infrastructure will help us to build more powerful trading capabilities, bringing the benefits of better competition in the crypto markets to our customers.”

Since launching Robinhood Crypto in 2018, Robinhood said it has worked hard to make crypto more accessible and easier to understand, all while continuing to offer zero-commission fees. Blockchain and cryptocurrencies were created to decentralize finance and return power to the people—which align perfectly with its mission to democratize finance for all. Robinhood noted that it is actively hiring for its crypto team across the company’s U.S. offices, as well as remote locations.