{"id":24462,"date":"2025-06-03T10:15:10","date_gmt":"2025-06-03T07:15:10","guid":{"rendered":"https:\/\/forklog.com\/en\/robinhood-acquires-bitstamp-for-200-million\/"},"modified":"2025-06-03T10:15:10","modified_gmt":"2025-06-03T07:15:10","slug":"robinhood-acquires-bitstamp-for-200-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/robinhood-acquires-bitstamp-for-200-million\/","title":{"rendered":"Robinhood Acquires Bitstamp for $200 Million"},"content":{"rendered":"<p>Online broker Robinhood has finalized an agreement to acquire Europe&#8217;s oldest crypto platform, Bitstamp, for $200 million in cash.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitstamp is now part of Robinhood, adding a globally-scaled crypto exchange and our first-ever institutional crypto business. <\/p>\n<p>Our work is just beginning. <a href=\"https:\/\/t.co\/VDjGS1KuBb\">https:\/\/t.co\/VDjGS1KuBb<\/a><\/p>\n<p>\u2014 Vlad Tenev (@vladtenev) <a href=\"https:\/\/twitter.com\/vladtenev\/status\/1929659333220212873?ref_src=twsrc%5Etfw\">June 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The parties<a href=\"https:\/\/forklog.com\/en\/news\/robinhood-to-acquire-bitstamp-for-200-million-by-mid-2025\"> agreed<\/a> to the deal in June 2024, pending regulatory approval.<\/p>\n<p>The initiative aims to expand Robinhood&#8217;s presence in the digital asset market and broaden its cryptocurrency offerings with a focus on institutional clients in Europe, the UK, and Asia.<\/p>\n<p>The acquired company&#8217;s portfolio includes over 50 licenses and registrations.<\/p>\n<p>Bitstamp serves more than 50,000 retail and 5,000 institutional clients, with the majority of trading volume coming from the latter.<\/p>\n<p>The online broker has begun integrating the platform\u2014its functionality is already connected to Robinhood Legend and Smart Exchange Routing.<\/p>\n<p>On May 13, the corporation<a href=\"https:\/\/forklog.com\/en\/news\/robinhood-to-acquire-crypto-platform-wonderfi-for-179-million\"> signed<\/a> a definitive agreement to acquire Canadian crypto company WonderFi, which has an <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> of 2.1 billion <span data-descr=\"Canadian dollars\" class=\"old_tooltip\">CAD<\/span> ($1.5 billion).<\/p>\n<p>Robinhood Crypto CEO Johann Kerbrat<a href=\"https:\/\/www.cnbc.com\/2025\/06\/02\/robinhood-bitstamp-crypto.html\"> suggested<\/a> further acquisitions in the digital asset industry.<\/p>\n<p>In May, the online broker <a href=\"https:\/\/www.franklinelevator.com\/markets\/stocks.php?article=binary-2025-5-19-robinhood-submits-rwa-tokenization-regulatory-proposal-to-sec-ushering-in-a-new-era-of-global-rwa-oversight\">submitted<\/a> a proposal to the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> for the creation of a federal framework for RWA.<\/p>\n<p>Earlier, media<a href=\"https:\/\/forklog.com\/en\/news\/robinhood-to-launch-blockchain-platform-for-stock-trading-in-europe-reports-say\"> reported<\/a> that Robinhood is developing a blockchain platform for trading U.S. securities in the European market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online broker Robinhood has finalized an agreement to acquire Europe&#8217;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 \u2014 Vlad Tenev (@vladtenev) June 2, 2025 The parties agreed to the deal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[174,83,1156,1235,1234],"class_list":["post-24462","post","type-post","status-publish","format-standard","hentry","category-news-and-analysis","tag-bitstamp","tag-business","tag-institutional-investors-and-whales","tag-mergers-and-acquisitions","tag-robinhood"],"aioseo_notices":[],"amp_enabled":true,"views":"55","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24462"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24462\/revisions"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}