Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Robinhood Acquires Bitstamp for $200 Million to Drive Global Cryptocurrency and Institutional Market Expansion

Powered by ChatGPT
#Fundraising
Crypto Potato
738Words
Jun 4, 2025

Robinhood has completed a $200 million acquisition of Bitstamp, the world's oldest cryptocurrency exchange, marking a significant step in the globalization of its crypto services and expansion into the institutional market. Founded in 2011, Bitstamp holds more than 50 global licenses and registrations and is known for its reliability and transparency. This acquisition not only expands Robinhood's geographic coverage but also officially enters the institutional crypto market, bringing products such as crypto-as-a-service, institutional staking, and lending, enhancing the trading experience for retail traders. Johann Kerbrat, General Manager of Robinhood's crypto division, called this move a "major step" in the development of their digital asset business, and Bitstamp CEO JB Graftieaux expressed optimism about the partnership's prospects. The acquisition received regulatory approval from the U.S. Securities and Exchange Commission (SEC), which also concluded its investigation into Robinhood's crypto division. Robinhood previously submitted a proposal for the regulatory modernization of tokenized Real-World Assets (RWA), planning to launch a Real-World Asset Exchange with an emphasis on compliance and transparency.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==