Bitstamp Overtakes Robinhood in Crypto Trading Volume After Acquisition

Bitstamp, the crypto exchange now owned by Robinhood, has surpassed its parent company’s crypto trading volume for August. The platform witnessed a 21% increase to $14.4 billion, contrasting with Robinhood’s 18% decline to $13.7 billion in the same period. This shift follows Robinhood’s acquisition of Bitstamp earlier this year and the integration of both platforms through their Smart Exchange Routing offerings.