Robinhood Strengthens Its Position in the Crypto Market with the Acquisition of Bitstamp
Date: 2025-06-04 Author: Oliver Abernathy Categories: BUSINESS
The American company Robinhood has completed the acquisition of the cryptocurrency platform Bitstamp for $200 million. Thanks to this move, the company gained access to more than fifty licenses and registrations in various jurisdictions - including European countries, the UK, the US and regions of Asia.
Representatives of Robinhood noted that after the completion of the deal, Bitstamp services were successfully integrated with the company's proprietary solutions, such as Robinhood Legend and Smart Exchange Routing. This made it possible to significantly expand the range of cryptocurrency services, including lending, staking and the "cryptocurrency as a service" model for partners - from hedge funds to fintech companies and investment consultants.
Robinhood CEO Vladimir Tenev said that this acquisition strengthens the company's position as an international player in the crypto industry. In his opinion, the deal could be an important step in the development of secondary markets for digital assets. Tenev named the tokenization of traditional assets, such as shares in private companies, as one of the promising areas — a process previously held back by strict regulatory barriers in the United States.
Interestingly, on the eve of the deal, the US Securities and Exchange Commission (SEC) announced the completion of its investigation into Robinhood's cryptocurrency business without bringing any charges against the company. This was a positive signal for both the platform itself and potential investors concerned about legal risks.
The deal with Bitstamp can be seen as a strategic move amid growing competition in the global cryptocurrency sector. The acquisition of a well-known and licensed exchange provides Robinhood not only with technical and legal resources, but also strengthens the trust of institutional clients for whom regulation plays a key role.
Thus, the purchase of Bitstamp opens up new horizons for Robinhood for international expansion and allows it to strengthen its product offering for a wide range of crypto market participants.
