Robinhood Acquires Bitstamp in $200M All-Cash Deal to Expand Crypto Footprint

Robinhood Markets Inc. has finalized its $200 million acquisition of Luxembourg-based cryptocurrency exchange Bitstamp, a deal first announced in June 2024. The transaction grants the commission-free trading platform immediate access to 5,000 institutional clients and 50,000 retail users, significantly expanding its presence in professional crypto markets.

The acquisition delivers more than 50 operational licenses that will facilitate Robinhood’s expansion into new regulated jurisdictions. Bitstamp’s established revenue stream—$95 million over the past twelve months—adds immediate financial heft to Robinhood’s crypto operations, which have shown accelerating growth.

This marks Robinhood’s second strategic crypto purchase following its $179 million acquisition of Canadian platform WonderFi in May 2025. Johann Kerbrat, Robinhood Crypto’s General Manager, signaled openness to further deals: "When an acquisition can accelerate our roadmap by 18-24 months with clear strategic rationale, we pursue it."