Robinhood Makes Power Play: Snatches Bitstamp to Conquer Europe’s Crypto Market
Zero-commission trading app throws its hat in the ring—buys established exchange to bypass regulatory headaches.
Europe’s crypto landscape just got hotter. Robinhood—the platform that ’democratized’ stock trading (and maybe a few meme-stock bubbles)—is going all-in on digital assets. Their move? Acquiring Bitstamp, one of Europe’s oldest crypto exchanges, in what looks like a classic ’if you can’t beat ’em, buy ’em’ strategy.
Why this matters: Robinhood gets instant EU credibility without the paperwork nightmare. Bitstamp’s existing licenses mean they skip the queue—while competitors scramble to keep up.
The punchline? Another fintech giant bets the house on crypto... just as traditional banks start quietly backpedaling on their blockchain promises. How very on-brand for 2025.
Ripple’s RLUSD Stablecoin Gains Approval in Dubai, Set to Support Real Estate Tokenization
Despite the international push, Robinhood’s ambitions aren’t limited to geographical expansion. CEO Vladimir Tenev sees tokenization of real-world assets as the company’s next frontier. Speaking during the firm’s earnings call, he said private equity tokenization could transform secondary markets by making traditionally illiquid shares—such as those in OpenAI or SpaceX—accessible within minutes.
Kerbrat, head of Robinhood Crypto, hinted at more acquisitions ahead, noting that accelerating growth by up to two years through smart deals remains a strategic priority.
Robinhood stock closed 2.77% higher on June 2, with modest gains in after-hours trading, as investors reacted to the company’s widening crypto ambitions.
