Robinhood has completed its $200 million acquisition of Bitstamp, the world’s longest-running crypto exchange, expanding its institutional crypto offerings to Europe, the UK and Asia.
The deal was first announced in June 2024, and the final amount remains unchanged. The entire $200 million was paid in cash, Robinhood confirmed on June 2.
Bitstamp is one of the most respected names in the crypto space. It was founded in 2011 and operates out of Luxembourg, the UK, Slovenia, Singapore, and the US. Over the years, it has become known as one of the most-trusted and transparent crypto platforms worldwide.
With this acquisition, Robinhood has gained over 50 active licenses and registrations across key jurisdictions. This opens the door for Robinhood Crypto to serve retail and institutional customers globally, not just in the US.
Bitstamp serves more than 5,000 institutional clients and around 50,000 retail users. Most of its trading volume comes from institutions, making it a strategic fit for Robinhood’s long-term crypto plans.
“The acquisition of Bitstamp is a major step in growing our crypto business. Bitstamp’s highly trusted and long-standing global exchange has shown resilience through market cycles,” said Johann Kerbrat, General Manager of Robinhood Crypto.
Robinhood also stated that it has started integrating Bitstamp’s platform and that it’s already connected to Robinhood Legend and its Smart Exchange Routing offering.
For the last 12 months ending April 30, Bitstamp reported $95 million in revenue. In comparison, Robinhood’s crypto division made $252 million in just the first quarter of 2025.
Robinhood expects to record approximately $65 million of Bitstamp-related costs over the remaining seven months of 2025.
The acquisition gives Robinhood its first real foothold in the institutional crypto market. Bitstamp’s platform includes services like crypto-as-a-service, institutional lending, and staking, all of which Robinhood can now tap into.
“As the world’s longest-running cryptocurrency exchange, Bitstamp is known as one of the most-trusted and transparent crypto platforms worldwide,” said JB Graftieaux, CEO of Bitstamp.
The move comes shortly after Robinhood also agreed to acquire Canadian crypto platform WonderFi for approximately $179 million on May 13, in a bid to expand in Canada.
Robinhood shares (HOOD) closed June 2 up 2.77% at $67.98, with a further 0.44% gain in after-hours trading, according to Google Finance.
With Bitstamp now onboard, Robinhood is no longer just a retail trading app. It is stepping into the bigger game, global crypto markets, trusted institutions, and serious volume.
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