Robinhood Closes $200M Bitstamp Acquisition, Marks Major Crypto Expansion
Robinhood Markets has officially completed its $200 million acquisition of Bitstamp, the world’s longest-running cryptocurrency exchange, in a deal that dramatically expands the retail trading platform’s crypto capabilities and global reach, according to an announcement on Monday.
The acquisition, first announced in June 2024, brings together Robinhood’s user-friendly trading platform with Bitstamp’s 14-year track record of serving both retail and institutional crypto customers across Europe, the UK, US, and Asia.
The completion of this acquisition comes at a time when cryptocurrency markets are experiencing renewed institutional interest and regulatory clarity in many jurisdictions. Robinhood’s move to acquire a globally-licensed…
