Robinhood Markets Inc. has completed its $200 million acquisition of Bitstamp, the world’s longest-running cryptocurrency exchange, marking a significant expansion of its institutional crypto offerings into Europe, the UK, and Asia.
The deal, initially agreed upon in June 2024, was finalized on June 2, 2025, with the entire amount paid in cash. Through this acquisition, Robinhood gains over 50 licenses and registrations, along with Bitstamp’s established client base of over 5,000 institutional clients and 50,000 retail customers. Bitstamp reported $95 million in revenue for the 12 months ending April 30, 2025.
Robinhood has begun integrating Bitstamp’s platform, connecting it to Robinhood Legend and its Smart Exchange Routing system. The company anticipates approximately $65 million in Bitstamp-related costs over the remaining seven months of 2025.
cointelegraph.com
This acquisition follows Robinhood’s agreement on May 13 to acquire Canadian crypto platform WonderFi for approximately $179 million, aiming to strengthen its presence in the Canadian market.
Robinhood Crypto’s General Manager, Johann Kerbrat, indicated that the company remains open to further crypto acquisitions, emphasizing the strategic importance of accelerating growth in the sector.
Following the announcement, Robinhood’s stock (NASDAQ: HOOD) closed up 2.77% at $67.98 on June 2, with a further 0.44% gain in after-hours trading.
CEO Vladimir Tenev has highlighted tokenization of real-world assets as a future focus area for Robinhood, suggesting that such innovations could unlock significant economic value for the crypto industry in the U.S.
