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Robinhood Completes its $200M Bitstamp Acquisition

The much-hyped deal was first announced back in June 2024.
Robinhood Completes its $200M Bitstamp Acquisition
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Robinhood Robinhood has finalized its $200 million acquisition of Bitstamp, marking its first foray into institutional crypto and solidifying its global presence.

What’s the Scoop?

  • Global Expansion: The acquisition grants Robinhood access to Bitstamp's customers in the EU, UK, and Asia.
  • Institutional Crypto Entry: Bitstamp Bitstamp introduces Robinhood to institutional clients, enhancing its crypto business diversity.
  • Bitstamp's Track Record: As the longest-running crypto exchange, Bitstamp is recognized for deep liquidity and trusted operations.
  • Strategic Branding: Bitstamp retains its identity as 'Bitstamp by Robinhood,' showcasing a hybrid operational structure.

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