Robinhood Expands Global Reach with $200 Million Acquisition of Bitstamp
Date: June 2, 2025
In a significant move to expand its international presence, Robinhood Markets, Inc. has successfully acquired Bitstamp, the world’s longest-running cryptocurrency exchange, for $200 million. This acquisition not only enhances Robinhood’s institutional crypto offerings but also marks a strategic extension of its services into key markets across Europe, the United Kingdom, and Asia.
Acquisition Details
The deal, which closed earlier this month, maintains the original terms agreed upon in June 2024, with the entire payment made in cash. With this acquisition, Robinhood gains access to over 50 licenses and registrations, alongside Bitstamp’s established client base of more than 5,000 institutional and 50,000 retail customers. This client base is particularly notable for generating a substantial majority of Bitstamp’s trading volume.
During the last twelve months leading up to April 30, Bitstamp reported revenues of $95 million. In comparison, Robinhood’s crypto business generated $252 million in revenue in the first quarter of 2025 alone, showcasing the scalability and growth potential of the combined entities.
Future Integration Plans
Robinhood has already commenced integrating Bitstamp’s platform, which is now linked to its Robinhood Legend and Smart Exchange Routing offerings. The company anticipates incurring approximately $65 million in related costs over the remaining seven months of 2025 as it works to streamline operations post-acquisition.
Broader Strategy in Cryptocurrency
This acquisition is part of a broader strategy for Robinhood to strengthen its foothold in the competitive crypto market. In addition to Bitstamp, Robinhood has also recently agreed to acquire Canadian cryptocurrency platform WonderFi for approximately $179 million, underscoring its commitment to enhancing its presence in North America.
Robinhood Crypto General Manager Johann Kerbrat shared insights with CNBC, highlighting that the company remains open to further acquisitions that could expedite its growth trajectory in the crypto space. “If we can find a way to accelerate by at least 18 months or two years — and we have a lot of great reason to believe this is a great acquisition — it’s something that we’ll definitely look at,” he expressed.
Tokenization as a Key Focus
Robinhood CEO Vladimir Tenev has indicated that the next big focus for the firm is the tokenization of real-world assets. During a recent earnings call, Tenev described the potential for tokenizing private equities as a significant breakthrough that could enhance transaction efficiencies and unlock economic value within the cryptocurrency sector. He mentioned the prospect of allowing investors to purchase tokenized shares in major private companies quickly and efficiently, further highlighting the transformative potential of this innovative approach.
Market Response
Following the announcement of the acquisition, Robinhood’s stock (HOOD) recorded a 2.77% increase, closing at $67.98, with a further increase of 0.44% in after-hours trading, reflecting positive investor sentiment regarding the expansion of Robinhood’s crypto capabilities.
Conclusion
As Robinhood continues to enhance its offerings and expand into new markets, the acquisition of Bitstamp marks a crucial step in establishing a robust and competitive presence in the global cryptocurrency landscape. With ongoing developments in the realm of tokenization on the horizon, Robinhood is poised to play a significant role in shaping the future of digital asset trading.
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