Robinhood has bought Bitstamp for $200 million (about Rs 1,600 crore). The move is part of Robinhood’s plan to launch crypto services for large investors and grow its business worldwide.
Now Robinhood will be able to reach millions of Bitstamp customers in Europe, UK, US and Asia. This will enable Robinhood to become a major company providing crypto services globally.
Special step for big investors
The deal was announced in June 2024 and was completed in the first half of 2025. Bitstamp has been running since 2011 and is the oldest crypto exchange in the world. It has licenses in more than 50 countries and offers trading in more than 85 cryptocurrencies (such as Bitcoin, Ether). Bitstamp offers special services for large investors, such as API access, staking and lending.
Robinhood CEO Vlad Tenev wrote on social media:
“Bitstamp is now part of Robinhood. This is our first institutional crypto business. Our real hard work is now starting.”
Robinhood’s crypto strength will increase
Now Robinhood will be able to provide better crypto services by combining its retail (small investor) experience with Bitstamp’s large platform. This will give users 24×7 trading, more liquidity and better access to markets around the world.
Johan Kerbrat, manager of Robinhood Crypto, said:
“Adding Bitstamp is a big step towards expanding our crypto business. Bitstamp has great infrastructure and experience that will allow us to better serve users around the world.”
Bitstamp will now be called “Bitstamp by Robinhood”
Bitstamp will now operate under the name “Bitstamp by Robinhood”. But its team will remain the same and will work with Robinhood on new features and products.
Bitstamp CEO JB Graftio said:
“We have built a name on trust, transparency and following the rules. Now by joining Robinhood, we will become stronger.”
The phase of buying and selling in crypto companies is increasing
Robinhood has recently planned to buy more crypto companies. For example, it has announced the purchase of Canadian crypto company Wunderfy for $179 million. This shows that now big crypto companies are buying each other so that they can become stronger.
Some other big deals recently:
- Coinbase bought Deribit for $2.9 billion
- Kraken bought NinjaTrader for $1.5 billion
- Ripple bought Hidden Road for $1.25 billion
Robinhood got support from Barclays Capital Inc. in buying Bitstamp. advised on behalf of Bitstamp by Galaxy Digital Partners LLC.
🔗 Source: This news is based on the official announcement published by Bitstamp. For full details, visit:
👉 https://blog.bitstamp.net/post/robinhood-completes-acquisition-of-bitstamp/
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