Robinhood Closes $200M Bitstamp Deal, Expands Into Institutional Crypto and Global Markets

In a bold push beyond U.S. borders and deeper into digital assets, Robinhood has officially acquired Bitstamp for $200 million—marking the company’s entry into institutional crypto trading.

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The acquisition, first announced in June 2024, brings the world’s longest-running crypto exchange under the Robinhood brand. With Bitstamp’s operations spanning Europe, the UK, Asia, and the U.S., the deal positions Robinhood to serve a global audience and diversify beyond its retail trading roots.
“Bitstamp is now part of Robinhood. Our work is just beginning.”

Vlad Tenev, CEO & Co-founder of Robinhood
A Major Move Into Institutional Crypto

This deal is a landmark moment for Robinhood—it’s not just acquiring new users, it’s entering the institutional market for the first time.

Founded in 2011 as a secure alternative during the Mt. Gox era, Bitstamp brings 85+ listed assets, deep liquidity, a robust API stack, and over 50 global licenses. Its institutional services include spot trading, lending, and staking—capabilities Robinhood previously lacked.
“Combining our broad retail presence with Bitstamp’s institutional infrastructure unlocks a seamless 24/7 trading experience."

Johann Kerbrat, GM of Robinhood Crypto
Bitstamp by Robinhood

Bitstamp will keep its brand—for now—under the new name “Bitstamp by Robinhood.” Its existing leadership and team will join Robinhood to foster deeper integration and shared innovation across teams.
“Bitstamp is one of the most trusted and transparent platforms in crypto. This merger strengthens our global mission while keeping customer protection and compliance at the forefront.”

JB Graftieaux, CEO of Bitstamp
Barclays advised Robinhood, while Galaxy Digital advised Bitstamp on the transaction.

Robinhood's Crypto Ambitions Grow

This is just the latest in a string of strategic crypto acquisitions by Robinhood. Last month, the firm agreed to acquire WonderFi—a Kevin O’Leary-backed Canadian exchange—for $179 million in cash.

The moves are part of a larger vision to build a global, blockchain-powered financial ecosystem—spanning stocks, crypto, tokenized assets, stablecoins, and even prediction markets.

As regulatory clarity improves under the current U.S. administration, crypto M&A is accelerating. Major deals this year include:

Coinbase’s $2.9B acquisition of Deribit
Kraken’s $1.5B purchase of NinjaTrader
Ripple’s $1.25B buyout of Hidden Road

Robinhood’s Bitstamp acquisition adds serious weight to that list—and signals the firm’s intention to become a top-tier global crypto player.