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Home»EXCHANGE NEWS»ROBINHOOD concludes the argument of BitStamp to $ 2B
EXCHANGE NEWS

ROBINHOOD concludes the argument of BitStamp to $ 2B

By Crypto FlexsJune 3, 20253 Mins Read
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ROBINHOOD concludes the argument of BitStamp to $ 2B
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ROBINHOOD MARKETS, Inc. has officially completed the $ 200 million cash acquisition of Bitstamp, a cryptocurrency exchange based in Luxembourg. This strategic movement is strengthened by more than 50 registration and registration of the encryption department of Robinhood with more than 50 registrations and introducing the seasoned institutional customer base to the ecosystem.

Acquisition of BitStamp

The ROBINHOOD, released on June 2, confirmed that the purchase price of $ 200 million for the first set in June 2024 was maintained without changing, and it was completely cash.

BitStamp is now part of Robinhood and has added high -scale password exchange and the first institutional encryption project worldwide.

Our work has just begun. https://t.co/vdjgs1kubb

-VLAD TENEV (@VLADTENEV) June 2, 2025

Currently, BITSTAMP supports more than 5,000 institutional customers and 50,000 retail users, and the institutional transactions explain most of the amount.

According to ROBINHOOD, this acquisition is an important step in expanding encryption operations across the United States, especially Europe, UK and Asia. During the last 12 months (end of April 30), BitStamp earned $ 95 million in sales. In contrast, Robin Hood’s S Crypto Division reported $ 225 million in sales in the first quarter of 2025 alone.

Integrated efforts are already in progress. BitStamp integrates Robinhood’s legendary infrastructure and smart order routing technology into the platform. Robinhood, meanwhile, is trying to integrate Bitstamp’s products into its own encryption service.

With a separate movement, ROBINHOOD agreed to acquire a Canadian cryptographic company Wonderfi on May 13 to strengthen Canada’s footsteps. Such acquisitions reflect the extensive ambition of Robinhood in the global cryptographic market.

The company expects about $ 65 million in the remaining period of 2025, associated with the integration of BitStamp.

Johann Kerbrat, general manager of ROBINHOOD CRYPTO, said on June 2 that the acquisition of additional encryption was not out of the table.

After the announcement, ROBINHOOD (HOOD) increased 2.77% to $ 67.98 on June 2 and an increase of 0.44% overtime transactions.

Robinhood moves to tokenization of real assets

ROBINHOOD CEO VLADIMIR TENEV emphasized the actual asset tokenization with the company’s next strategic encryption focus. He emphasized the potential to token the equity funds (Openai or SpaceX) to simplify the second market trading and expand investor access.

Tenev pointed out the potential of both individuals and institutions during the Robinhood Q1 import request, saying, “This can unlock the enormous economic value in the US encryption industry.

BitStamp, on the other hand, expanded the staying service in the UK so that the user can directly share Ethereum (ETH) and Cardano (ADA) through ETIATS (Starking Program). In January 2025, BitStamp, except for Stay King of CIS regulations, now distributes individual steaking networks to impose its own terms, but distributes per week or monthly reward without lock.

Also read: RLUSD (Ripple USD Stabelcoin) writes a list of BitStamp

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