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Bitcoin:
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Robinhood Plans to Acquire Crypto Exchange Bitstamp in a $200 Million Deal

Robinhood Plans To Acquire Crypto Exchange Bitstamp In A $200 Million Deal

Robinhood plans to acquire Bitstamp in a $200 million deal, which is expected to close in the first half of 2025. This acquisition will bring Bitstamp‘s crypto exchange to Robinhood, along with retail and institutional customers in the EU, UK, US and Asia.

This cash deal, designed to better position its expansion outside the U.S., is expected to close in the first half of 2025, subject to customary closing conditions—including regulatory approvals—Robinhood said.

According to the statement, Barclays Capital Inc. Galaxy Digital Partners LLC served as the exclusive financial advisor to Robinhood and Bitstamp.

Founded in 2011, Bitstamp is the oldest crypto exchange with more than 50 licenses and registrations worldwide. This deal will bring Bitstamp’s retail customers in the EU, UK, US and Asia under Robinhood’s umbrella and introduce the firm to institutional crypto customers for the first time.

“The acquisition of Bitstamp is a big step towards growing our crypto business,” said Johann Kerbrat, General Manager of Crypto at Robinhood. “Bitstamp’s highly trusted and long-running global exchange has demonstrated resilience through market cycles… [and] established one of the strongest reputations among retail and institutional crypto investors. Through this strategic combination, we are looking to expand our footprint outside the U.S. and institutional “We are in a better position to welcome customers to Robinhood.”

Along with more than 85 traded assets, Bitstamp also offers staking and lending products, and Robinhood has stated that these services will enhance its crypto offerings.

“As the world’s longest-running crypto exchange, Bitstamp is known as one of the world’s most trusted and transparent crypto platforms,” said Bitstamp CEO JB Graftieaux. “Bringing Bitstamp’s platform and expertise to the Robinhood ecosystem will provide users with an enhanced trading experience with a commitment to compliance, security and customer centricity.”

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As part of the deal, Bitstamp’s existing team will join forces with Robinhood.


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