Robinhood Acquires Bitstamp for $200 Million

Online broker Robinhood has finalized an agreement to acquire Europe’s oldest crypto platform, Bitstamp, for $200 million in cash.

Bitstamp is now part of Robinhood, adding a globally-scaled crypto exchange and our first-ever institutional crypto business.

Our work is just beginning. https://t.co/VDjGS1KuBb

— Vlad Tenev (@vladtenev) June 2, 2025

The parties agreed to the deal in June 2024, pending regulatory approval.

The initiative aims to expand Robinhood’s presence in the digital asset market and broaden its cryptocurrency offerings with a focus on institutional clients in Europe, the UK, and Asia.

The acquired company’s portfolio includes over 50 licenses and registrations.

Bitstamp serves more than 50,000 retail and 5,000 institutional clients, with the majority of trading volume coming from the latter.

The online broker has begun integrating the platform—its functionality is already connected to Robinhood Legend and Smart Exchange Routing.

On May 13, the corporation signed a definitive agreement to acquire Canadian crypto company WonderFi, which has an AUM of 2.1 billion CAD ($1.5 billion).

Robinhood Crypto CEO Johann Kerbrat suggested further acquisitions in the digital asset industry.

In May, the online broker submitted a proposal to the SEC for the creation of a federal framework for RWA.

Earlier, media reported that Robinhood is developing a blockchain platform for trading U.S. securities in the European market.