Robinhood Completes $200 Million Acquisition of Bitstamp
Date: 2025-06-03 Author: Henry Casey Categories: BUSINESS
The deal, which was announced back in June 2024, has passed all stages of approval with regulators and is now officially closed. This move is part of Robinhood's strategy to actively expand in the digital asset segment and strengthen its international presence - especially in Europe, the UK, and Asia. The company pays special attention to institutional clients.
Bitstamp, being one of the oldest crypto platforms in Europe, has more than 50 licenses and registrations, which makes it a valuable asset for any company looking for a regulated and scalable entry into foreign markets. The exchange's client base includes over 50,000 retail users and about 5,000 institutional investors, who account for the bulk of the trading turnover.
Robinhood has already begun the process of integrating Bitstamp's infrastructure into its own systems. Thus, the exchange services have been implemented in Robinhood Legend and Smart Exchange Routing, which should improve trading efficiency and expand the platform's functionality for new and existing users.
This is not Robinhood's first major deal in the crypto sector in recent times. On May 13, the company announced the signing of a definitive agreement to acquire Canadian cryptocurrency firm WonderFi, which manages assets worth 2.1 billion Canadian dollars (approximately $1.5 billion). These actions confirm the company's serious intentions to take a leading position in the digital asset market.
Robinhood Crypto CEO Johann Kerbrath said that more M&A deals in the crypto industry are possible in the future. This may mean continuing the strategy of aggressive expansion and strengthening its influence among institutional players and technology companies in the blockchain sector.
In addition, in May it became known that Robinhood submitted an application to the SEC to create a federal structure related to the sale of real assets (RWA). The company was also reported to be working on a blockchain platform focused on trading US securities in Europe.
