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.
Insights by Ground AI
Does this summary seem wrong?
43 Articles
43 Articles
All
Left
1
Center
3
Right
Robinhood Cements Crypto Ambitions with $200M Bitstamp Takeover
Robinhood has officially completed its $200 million acquisition of Bitstamp, marking a bold step toward globalizing its crypto services and deepening its reach into institutional markets. The move positions Robinhood as a serious contender in the international crypto scene, expanding beyond its U.S. base and into the European Union, the UK, and Asia. Bitstamp’s Legacy Adds Weight to Robinhood’s Expansion Founded in 2011, Bitstamp is the world’s …
Coverage Details
Total News Sources43
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage