Robinhood Drops $200M on Bitstamp—Now It’s Coming for Your Crypto Globally

Wall Street’s favorite playground just bought its way into the big leagues. Robinhood—yes, the one that ‘democratized’ trading by selling your order flow—just sealed a $200 million deal to swallow Bitstamp whole.

Why? Because even zero-commission brokers need a side hustle when PFOF revenue dries up. The move gives them instant access to European regulators’ good graces and a pipeline to institutional traders who’ve been laughing at their meme-stock antics.

Watch for the ‘We’re Totally a Serious Crypto Company Now’ press tour. Bonus points if they spin this as ‘for the little guy’ while quietly rolling out VIP OTC desks.

TLDR

• Robinhood completed its $200 million cash acquisition of crypto exchange Bitstamp on June 2, 2025
• The deal gives Robinhood access to over 50 licenses and registrations across Europe, UK, and Asia markets
• Bitstamp serves over 5,000 institutional clients and 50,000 retail customers with $95 million in annual revenue
• Robinhood expects $65 million in integration costs over the remaining seven months of 2025
• The acquisition is part of Robinhood’s strategy to expand globally and focus on tokenization of real-world assets

Robinhood Markets has finalized its $200 million acquisition of Luxembourg-based crypto exchange Bitstamp. The deal was completed on June 2, 2025, with payment made entirely in cash.

The acquisition price remained unchanged from the initial agreement announced in June 2024. Robinhood said the purchase expands its crypto operations beyond the United States into European, UK, and Asian markets.

Bitstamp Brings Established Client Base and Licenses

Bitstamp operates as one of the world’s longest-running crypto exchanges, having launched in 2011. The platform serves over 5,000 institutional clients and 50,000 retail customers across multiple regions.

The exchange reported $95 million in revenue for the 12 months ending April 30, 2025. Most of Bitstamp’s trading volume comes from its institutional client base rather than retail traders.

Bitstamp is now part of @RobinhoodApp

Together, we’re combining 14 years of trusted crypto expertise with Robinhood’s global vision – expanding access and building the future of crypto, together.

More here 👇https://t.co/Po2NxE971C

— Bitstamp by Robinhood (@Bitstamp) June 2, 2025

Through the acquisition, Robinhood gains access to more than 50 licenses and registrations. These regulatory approvals allow Robinhood to operate in European Union countries, the United Kingdom, and Asian markets.

Bitstamp maintains offices in Luxembourg, the UK, Slovenia, Singapore, and the United States. The exchange has built a reputation for reliable trading systems and extensive order books.

Robinhood’s crypto business generated $252 million in revenue during the first quarter of 2025. The company has already begun integrating Bitstamp’s platform with its existing crypto offerings.

The integration includes connecting Bitstamp to Robinhood Legend and the company’s Smart Exchange Routing service. These connections aim to provide seamless trading experiences across platforms.

Integration Costs and Future Plans

Robinhood expects to record approximately $65 million in Bitstamp-related costs over the remaining seven months of 2025. These expenses relate to the integration process and operational adjustments.

Johann Kerbrat, Robinhood’s crypto general manager, told CNBC that the company remains open to additional crypto acquisitions. He said Robinhood looks for deals that can accelerate growth by 18 months to two years.

The company previously agreed to acquire Canadian crypto platform WonderFi for approximately $179 million on May 13, 2025. This deal strengthens Robinhood’s presence in the Canadian market.

JB Graftieaux, CEO of Bitstamp, said the acquisition will enhance user experience while maintaining transparency and security standards. He emphasized that Bitstamp’s compliance and customer care values will continue under Robinhood ownership.

Robinhood CEO Vladimir Tenev has identified tokenization of real-world assets as a key growth area. He described tokenizing private equities as a “huge unlock” that could solve problems in secondary market transactions.

Tenev suggested that crypto tokenization could allow investors to buy shares in private companies like OpenAI and SpaceX within minutes. He believes this development will create economic value for the crypto industry in the United States.

Robinhood shares closed June 2 trading up 2.77% at $67.98, with additional gains of 0.44% in after-hours trading according to Google Finance data.