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Robinhood Completes $200M Acquisition of Bitstamp, Eyes Institutional Crypto Market

coindoo.com

2 day ago

Robinhood Completes $200M Acquisition of Bitstamp, Eyes Institutional Crypto Market

Robinhood has finalized its $200 million acquisition of Bitstamp, one of the longest-operating cryptocurrency exchanges globally. The all-cash deal, originally announced in 2024, marks a strategic pivot for the retail trading platform as it targets institutional crypto services and international expansion. By acquiring Bitstamp, Robinhood gains immediate access to more than 50 active crypto licenses across Europe, the UK, and Asia — significantly broadening its global regulatory footprint. The acquisition also delivers a ready-made institutional client base, a segment Robinhood had previously struggled to penetrate. The move positions Robinhood to go beyond retail crypto trading and into institutional-grade offerings. These include crypto lending and staking infrastructure, custody services, price discovery mechanisms, and white-label “crypto-as-a-service” platforms for hedge funds, fintech companies, and registered investment advisors. The completed acquisition signals Robinhood’s ambitions to become a major player in institutional crypto markets — a sector increasingly demanding secure, scalable solutions amid rising global adoption.

https://coindoo.com/robinhood-completes-200m-acquisition-of-bitstamp-eyes-institutional-crypto-market/?utm_source=CryptoNews&utm_medium=app