Robinhood Markets, Inc. has formally concluded its acquisition of Bitstamp, one of the world’s oldest and most reputable cryptocurrency exchanges, in a $200M deal. The transaction, which was unveiled in June 2024, was finalized on May 2, 2025, and was 100% cash-financed. This purchase will be a major move in Robinhood’s ambition to expand its exposure in the worldwide crypto market. Bitstamp has a history of catering to institutional clients. It now serves over 5,000 institutional clients and some 50,000 retail customers. And it gets a lot of trading from its institutional base, a category Robinhood didn’t have until now. Through its acquisition of Bitstamp, Robinhood will soon have access to a reliable platform with more than a decade of experience, significant liquidity, and a proven security and compliance track record. Robinhood Crypto general manager Johann Kerbrat said the acquisition would enable the company to scale faster and expand its crypto offerings to more people in the US and globally. Robinhood is not ruling out additional crypto acquisitions if they can help accelerate the company’s growth, adding that any opportunity to advance by 18 months or two years would be considered. The purchase also includes over 50 operational licenses and licenses-to-be in Europe, the UK, Asia, and the US, enabling Robinhood to do business in many new markets legally.