Robinhood has announced its plan to acquire U.K.-based Bitstamp for $200 million in an all-cash deal, aiming to expand its global presence and attract institutional clients. This acquisition, expected to close in early 2025, is Robinhood's largest-ever and accelerates its crypto expansion, challenging competitors like Binance and Coinbase.
$HOOD | Robinhood's $200M Bitstamp Deal Marks 'Major Step In Growing Crypto Business': Here's Where You Can Learn More Robinhood will acquire Bitstamp for $200 million to expand global reach and enhance offerings. Learn more at Benzinga Future of Digital Assets event on Nov 19,… https://t.co/XoyMekPakF
Robinhood got far more than crypto investors in its $200m acquisition of Bitstamp https://t.co/lk2uKlNuNY
Robinhood acquires global crypto exchange Bitstamp for $200M https://t.co/ui3lvGO4kl via @techcrunch
Robinhood's largest-ever $200m acquisition of Bitstamp accelerates its crypto expansion, challenging Binance and Coinbase. https://t.co/l8Bolgc4ch
ICYMI: Robinhood has announced plans to acquire U.K.-based Bitstamp for $200 million in an all-cash deal. Expected to close in early 2025, this acquisition aims to expand Robinhood's global presence and attract institutional clients. Read more: ↓ https://t.co/o7EgxVzOom