Robinhood Completes $200M Bitstamp Acquisition to Expand Crypto Footprint
Robinhood Markets has finalized its $200 million purchase of Bitstamp, the cryptocurrency exchange with one of the longest operating histories in the industry. The deal, announced Monday, significantly enhances Robinhood’s crypto offerings and extends its global presence.
The acquisition combines Robinhood’s retail-friendly platform with Bitstamp’s 14 years of experience serving both individual and institutional traders across Europe, the UK, US, and Asia. This strategic move comes as cryptocurrency markets attract renewed institutional interest amid increasing regulatory clarity worldwide.
Bitstamp brings more than 50 global crypto licenses to Robinhood, along with an established institutional client base and infrastructure for services like staking and crypto lending. "This acquisition marks a pivotal moment in scaling our crypto operations," said Johann Kerbrat, Robinhood Crypto’s general manager.