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Robinhood Snaps Up Bitstamp in $200M Power Play—Wall Street’s Crypto Awakening Continues
Robinhood Snaps Up Bitstamp in $200M Power Play—Wall Street’s Crypto Awakening Continues
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Robinhood just dropped $200 million to swallow Bitstamp whole—because nothing says ’democratizing finance’ like consolidating power in a market you once ignored.
The deal cements Robinhood’s late-stage pivot into crypto’s big leagues, giving it instant European footholds and a juicy institutional client roster. Traders brace for the platform’s inevitable ’simplified’ fee structure (read: hidden spreads).
Meanwhile, legacy finance bros still can’t decide if crypto is a scam or their next bonus multiplier. Place your bets.
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