Bitstamp Merges with Robinhood in Landmark Crypto Deal

Robinhood has successfully completed its $200 million acquisition of Bitstamp, a historic cryptocurrency exchange, marking the California-based fintech’s entry into institutional crypto services. By acquiring Bitstamp, Robinhood adds over 50 active licenses that span Europe, Asia, and the U.S., drastically shortening the process of obtaining regulatory approvals. This move allows Robinhood to expand its offering from the previously available 15 tokens to a comprehensive portfolio of 85+ listed coins, staking, and lending products. The acquisition signals Robinhood’s strategic shift into global markets and institutional revenue streams, setting the stage to compete with established players like Coinbase and Kraken. Despite the challenges of prospective market integration, Robinhood is positioned to leverage Bitstamp’s robust customer base, bolstered by recent profitable quarters and resolving regulatory hurdles. Key competitive advantage emerges as Robinhood accesses Bitstamp's white-label custody services and Bitstamp-as-a-Service desks, attracting higher-margin institutional clients amid pressure on retail trading fees.