Robinhood has announced its agreement to acquire the crypto exchange Bitstamp, a move aimed at expanding its global reach in the cryptocurrency market. This acquisition is part of Robinhood's broader strategy to integrate traditional finance (TradFi) with decentralized finance (DeFi), ensuring participation in crypto markets regardless of actions by the U.S. Securities and Exchange Commission (SEC). Johann Kerbrat, General Manager at Robinhood Crypto, highlighted the importance of this acquisition for institutional involvement in the crypto space. The acquisition reflects Robinhood's commitment to navigating crypto regulations while growing its crypto business globally.
CEO Frank @bulldogholmes recently sat down with the @SABizJournal to discuss macro factors influencing the stock market and what’s in store for the business landscape as we head into the second half of 2024— including the meteoric rise in digital assets. Check out the… https://t.co/x4yuK8Q7nM
🔢 While there are many reasons why Robinhood acquired Bitstamp 💸, there’s one that’s particularly important for the company. 🏦 Here’s what @JohannKerbrat, general manager at Robinhood Crypto, said (hint 😶 it has to do with institutions): https://t.co/envggOUr7g https://t.co/gTMdQpctvw
Why Robinhood, a TradFi Hub, Is Growing Its Crypto Business Globally @JohannKerbrat talks about Robinhood's bold crypto strategy on @Unchained_pod: 🔍 Why Robinhood acquired Bitstamp ⚖️ How it navigates crypto regulations 💡 Its plans for integrating TradFi and DeFi… https://t.co/eDTT2aN5mZ
.@JohannKerbrat talks about Robinhood's bold crypto strategy on Unchained: 🔍 Why Robinhood acquired Bitstamp ⚖️ How it navigates crypto regulations 💡 Its plans for integrating TradFi and DeFi https://t.co/JE9JACBAz4
.@archptnrs says @RobinhoodApp’s agreement to buy crypto exchange @Bitstamp will expand the trading platform’s global reach to ensure participation in crypto markets regardless of @SECGov actions. @willcanny99 reports. https://t.co/6Oy5yJbtrV