Robinhood Acquires Crypto Exchange Bitstamp

Online broker Robinhood has completed a deal to acquire one of the oldest and most respected crypto platforms in Europe, Bitstamp.

The acquisition talks were agreed upon back in June 2024, but the deal was subject to regulatory approval, which was duly received. The purchase is part of Robinhood’s strategy to expand its presence in the international digital asset market. The company plans to use Bitstamp’s capabilities to develop products aimed at institutional clients, with a focus on the European, UK, and Asian markets. This move should strengthen Robinhood’s position as a global player in crypto services and provide access to new categories of users.

Bitstamp, for its part, has an impressive regulatory base - its portfolio includes more than 50 licenses and official registrations in different jurisdictions, which allows the platform to legally operate in various countries and comply with local regulatory requirements. At the moment, the service serves over 50 thousand retail and about 5 thousand institutional clients, while a significant part of trading activity falls on professional market participants. After completing all the necessary procedures, Robinhood began technical integration of Bitstamp into its infrastructure.

Some key features have already been integrated into the broker’s internal systems, including Robinhood Legend and Smart Exchange Routing, which should improve the quality of order execution and improve liquidity for clients. The deal not only strengthens Robinhood’s position on the international stage, but also opens up new opportunities for its users through expanded functionality and additional trading channels.

It was previously reported that Robinhood bought the Canadian cryptocurrency platform WonderFi , which operates two licensed crypto exchanges - Bitbuy and Coinsquare.