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Robinhood Completes $200M Acquisition of Crypto Exchange Bitstamp

  • Robinhood completed its $200 million all-cash acquisition of Bitstamp, a European crypto exchange, on June 2, 2025.
  • The acquisition follows a strategic shift for Robinhood to expand beyond retail trading into institutional crypto services and international markets.
  • Bitstamp, founded in 2011, is known as the world's longest-running crypto exchange with over 50 licenses and a strong institutional client base.
  • Johann Kerbrat, Robinhood Crypto’s GM, said this acquisition combines strengths and aims to accelerate institutional growth by at least 18 months or two years.
  • The deal expands Robinhood's global crypto footprint, offering institutional-grade products and signaling its intent to become a major player in crypto finance.
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CNBC broke the news in United States on Monday, June 2, 2025.
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