BTCC
/
BTCC Square
/
Coindesk
/
Robinhood Drops $200M on Bitstamp—Wall Street’s Crypto Play Goes Global
Robinhood Drops $200M on Bitstamp—Wall Street’s Crypto Play Goes Global
7
2
Robinhood just bulldozed its way deeper into crypto with a nine-figure acquisition. The trading app—beloved by millennials and hated by hedge funds—snapped up Bitstamp in a cash deal that screams ’we’re serious about this digital gold rush.’
Why Bitstamp? The Luxembourg-based exchange brings regulatory clout and European reach—something Robinhood’s US-centric platform desperately needed. Now the ’hood’ gets instant credibility with institutional traders while keeping its meme-stock rebels happy.
Watch for the usual Wall Street gymnastics: execs will call this ’strategic synergy’ while quietly sweating the integration. One thing’s certain—when commission-free trading meets crypto’s wild west, buckle up.
By:
