Robinhood has finalized its $200 million acquisition of Bitstamp, one of the oldest crypto exchanges, marking a major step in its global expansion. The deal grants Robinhood over 50 licenses and access to institutional crypto markets, significantly broadening its product offerings.
- Robinhood gains 50+ global licenses, including EU MiCA passporting, through the Bitstamp acquisition.
- The deal introduces Robinhood’s first institutional crypto business, diversifying its revenue streams beyond retail trading.
- Bitstamp’s 85+ listed coins and staking/lending products expand Robinhood’s offerings far beyond its U.S. app’s 15 tokens.
📎 Related coverage from: cryptoslate.com
