American financial service firm Robinhood has made a bold move by acquiring Bitstamp, a major crypto exchange, for $200 million. The deal, finalized on June 2, 2025, marks a big step for the company as it dives deeper into the crypto world, aiming to compete with global giants. With Bitstamp’s established platform and Robinhood’s user-friendly approach, this acquisition could shake up crypto trading for both everyday users and big institutions.
The $200M Acquisition of Bitstamp
Robinhood, founded in 2013 by Vlad Tenev and Baiju Bhatt, started as a commission-free stock trading app to make investing accessible to everyone. Based in Menlo Park, California, it gained fame for its simple interface and appeal to young traders. By 2025, the company’s crypto arm was already generating $252 million in revenue in just the first quarter, showing its growing focus on digital currencies.
The Bitstamp deal began taking shape in June 2024, when Robinhood agreed to buy the Luxembourg-based exchange for $200 million in cash. Bitstamp, founded in 2011, is reportedly one of the oldest crypto exchanges, known for its strong regulatory compliance and global reach. The acquisition was completed after months of planning, with the firm aiming to use Bitstamp’s infrastructure to expand its crypto offerings.
This move followed Robinhood’s acquisition of Canadian crypto firm WonderFi in May 2025 for $179 million, signaling a clear strategy to grow internationally.
Robinhood Hits Gold with Acquisition Deal
The Bitstamp acquisition brings major benefits for Robinhood. It gains over 50 global licenses, allowing it to operate in places like the UK, Europe, and Asia. Bitstamp’s 5,000 institutional clients and 50,000 retail users strengthen the company’s reach, especially for advanced traders. The deal could also expand the firm’s offerings, adding services like staking and lending, which are not yet available to U.S. users on Bitstamp.
However, Robinhood plans to keep Bitstamp’s operations separate, using its tech for smarter trading and global expansion. The acquisition mirrors other 2025 crypto deals, like Coinbase’s $2.9 billion purchase of Deribit to enter the derivatives market and Ripple’s $1.25 billion acquisition of Hidden Road for prime brokerage services.
