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 […]Robinhood CEO Envisions a Future Dominated by Cryptocurrency
Robinhood CEO Vlad Tenev declared that “cryptocurrency is the future” and outlined four strategic areas where the online broker plans to accelerate its industry offerings.Robinhood to Acquire Bitstamp for $200 Million by Mid-2025
The management of online broker Robinhood has agreed to acquire Bitstamp, the oldest European cryptocurrency exchange, for $200 million in cash, according to Reuters. The transaction is expected to close in the first half of 2025, pending regulatory approval. This initiative aims to expand Robinhood’s presence in the digital asset market. The acquisition of Bitstamp, […]We use cookies to improve the quality of our service.
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