Robinhood Acquires Bitstamp for $200 Million: Expanding Global Crypto Presence

Robinhood has completed the acquisition of crypto exchange Bitstamp for $200 million, marking a strategic move to expand its global reach and bolster its offerings in the burgeoning cryptocurrency market. This deal brings over 50 licenses and registrations under Robinhood’s control, significantly strengthening its position in international markets like Europe, the UK, and Asia.