Robinhood has announced its acquisition of Bitstamp, a global cryptocurrency exchange, with the deal expected to close in the first half of 2025, subject to regulatory approval. Bitstamp, which began operations in 2011, has offices in Luxembourg, the UK, Slovenia, Singapore, and the US, and serves customers across Europe, the UK, US, and Asia.

This strategic move will significantly enhance Robinhood’s international footprint, allowing it to reach new markets outside the US. Bitstamp’s extensive global licenses and registrations will be a major asset, bringing a diverse customer base to Robinhood and enabling it to expand its crypto services worldwide.

Bitstamp is renowned for its reliability and trustworthiness among institutional clients, offering robust trade execution, deep liquidity, and leading API connectivity. With products like Bitstamp-as-a-service, institutional lending, and staking, Robinhood will inherit a well-established platform and valuable institutional relationships, which will bolster its crypto offerings.

Johann Kerbrat, General Manager of Robinhood Crypto, emphasized that the acquisition will accelerate their global crypto expansion and enhance their institutional business. Bitstamp’s team will join Robinhood, fostering collaboration and innovation. The acquisition, valued at approximately $200 million, will maintain the high standards of service, security, and transparency that both companies’ customers expect.