Archive · 3 Jun 2025

Robinhood Acquires Bitstamp for $200M, Expanding Crypto Reach

Robinhood Acquires Bitstamp for $200M, Expanding Crypto Reach

Robinhood, a company that lets people trade stocks and crypto, is buying Bitstamp, a crypto exchange that's been around for 14 years.

Robinhood paid $200 million for the deal.

This means Robinhood will now have more licenses to operate and can offer its services to more people, including big investors.

Bitstamp has many customers and makes a lot of money each year.

Robinhood plans to use Bitstamp's existing business to expand its own services, improving the trading experience for its users.

Sources