Robinhood Markets, Inc. has formally accomplished its $200 million all-cash acquisition of Bitstamp, a cryptocurrency alternate primarily based in Luxembourg. This strategic transfer bolsters Robinhood’s crypto division with greater than 50 regulatory licenses and registrations, and introduces a seasoned institutional consumer base into its ecosystem.
Robinhood’s Acquisition of Bitstamp
Bitstamp is now a part of Robinhood, including a globally-scaled crypto alternate and our first-ever institutional crypto enterprise.
Our work is simply starting. https://t.co/VDjGS1KuBb
— Vlad Tenev (@vladtenev) June 2, 2025
Introduced on June 2nd, Robinhood confirmed that the agreed $200 million buy value , which was initially set in June 2024, remained unchanged and was paid completely in money. At current, Bitstamp helps over 5,000 institutional purchasers and 50,000 retail customers, with institutional buying and selling accounting for almost all of its quantity.
In keeping with Robinhood, the acquisition marks a big step in increasing its crypto operations past the US, significantly throughout Europe, the UK, and Asia. Over the previous 12 months (ending April 30), Bitstamp generated $95 million in income. Compared, Robinhood’s crypto division reported $252 million in income for Q1 2025 alone.
Integration efforts are already underway. Bitstamp is incorporating Robinhood’s Legend infrastructure and good order routing know-how into its platform. In the meantime, Robinhood is working to unify Bitstamp’s choices with its personal crypto providers.
In a separate transfer, Robinhood agreed on Could thirteenth to accumulate Canadian crypto agency WonderFi for roughly $179 million, aiming to reinforce its footprint in Canada. Collectively, these acquisitions replicate Robinhood’s broader ambitions within the international crypto market.
The corporate anticipates round $65 million in bills associated to Bitstamp’s integration throughout the the rest of 2025.
Johann Kerbrat, normal supervisor of Robinhood Crypto, instructed CNBC on June 2nd that further crypto acquisitions usually are not off the desk.
Following the announcement, Robinhood (HOOD) shares rose 2.77% to shut at $67.98 on June 2nd, with an additional 0.44% improve in after-hours buying and selling, in keeping with Google Finance.
Robinhood Strikes to Tokenizing Actual-World Property
Robinhood CEO Vladimir Tenev highlighted real-world asset tokenization as the corporate’s subsequent strategic crypto focus. He emphasised the potential to tokenize personal fairness shares (like these of OpenAI or SpaceX) to streamline secondary market transactions and broaden investor entry.
“This might unlock huge financial worth for the crypto trade within the U.S.,” Tenev stated throughout Robinhood’s Q1 earnings name, noting the potential for people and establishments alike.
In the meantime, Bitstamp has additionally expanded its staking providers within the UK, permitting customers to stake Ethereum (ETH) instantly and Cardano (ADA) by way of its Earn Staking program. Following a January 2025 UK Treasury choice excluding staking from CIS rules, Bitstamp now distributes rewards weekly or month-to-month, with no lock-up intervals, though particular person staking networks could impose their very own phrases.
Additionally Learn: Ripple’s USD Stabelcoin (RLUSD) Lists on Bitstamp
