Robinhood has finalized its $200 million acquisition of Luxembourg-based crypto exchange Bitstamp. The deal was completed on June 2. Robinhood paid the entire amount in cash, with no changes from its earlier agreement in June 2024.
This acquisition brings over 50 crypto licenses and registrations under Robinhood’s control. Bitstamp serves more than 5,000 institutional clients and 50,000 retail users. Its trading volume is largely driven by institutional clients.
The acquisition marks Robinhood’s entry into Europe, the UK, and Asia. Bitstamp holds licenses across more than 50 jurisdictions. This gives Robinhood immediate access to several regulated markets outside the United States.
Robinhood stated that Bitstamp’s platform is already connected to its Smart Exchange Routing system and Robinhood Legend. The integration aims to merge Robinhood’s technology with Bitstamp’s established infrastructure.
Founded in 2011, Bitstamp is among the oldest crypto exchanges in operation. It has built a reputation for reliability and compliance. The platform offers staking, crypto-as-a-service, institutional lending, and strong API support. These services broaden Robinhood’s offerings, which previously focused on retail users.
Robinhood now gains its first institutional crypto platform through this deal. The company aims to grow its reach in this space using Bitstamp’s tools and expertise.
Bitstamp reported $95 million in revenue for the twelve months ending April 30. Robinhood’s crypto division generated $252 million in the first quarter of 2025. Robinhood expects about $65 million in costs related to Bitstamp for the rest of 2025.
This acquisition follows Robinhood’s earlier deal to acquire Canadian platform WonderFi for $179 million. That transaction, announced May 13, is part of Robinhood’s plan to increase its presence in Canada.
Robinhood has not ruled out further crypto acquisitions. The company views strategic deals as a way to speed up expansion. It continues to look for opportunities that can advance its growth by at least 18 months or more.
Shares of Robinhood closed up 2.77% on June 2, ending at $67.98. The stock gained an additional 0.44% in after-hours trading. Robinhood’s leadership remains focused on entering the asset tokenization market. The firm sees potential in offering tokenized private equity shares, making transactions faster and more accessible to investors.
© 2018-2025 XT.COM. All rights reserved. | User Agreement | Privacy Terms