David Edwards
Robinhood Markets Inc. has completed its $200 million acquisition of Bitstamp, marking a significant expansion of the firm’s cryptocurrency operations into Europe, the UK, and Asia. The transaction, finalized on June 2, 2025, was paid entirely in cash and remains consistent with the terms originally announced in June 2024.
Founded in 2011 and headquartered in Luxembourg, Bitstamp boasts a strong clientele of over 5,000 institutional clients and 50,000 retail users, in addition to more than 50 active licenses and registrations. Bitstamp’s institutional customer accounts for the majority of its trading volume. In the 12 months preceding April 30, 2025, the exchange brought in $95 million.
As an illustration of the robust growth in the industry, Robinhood’s cryptocurrency segment recorded $252 million in revenue for the first quarter of 2025. Previously outside of its primary focus, the acquisition gives Robinhood a considerable presence in the institutional bitcoin sector.
The business has already started incorporating Bitstamp’s trading platform into its system. Now that Bitstamp is integrated with Robinhood Legend and its Smart Exchange Routing system, the two platforms can work together seamlessly.
Over the rest of 2025, Robinhood estimates that the integration and operation of Bitstamp will cost about $65 million. These costs cover marketing, operational changes, and system integration.
This purchase comes after Robinhood announced on May 13, 2025, that it would pay approximately $179 million to acquire Canadian cryptocurrency company WonderFi. Together, these actions highlight Robinhood’s plan to forge a robust global cryptocurrency footprint and expand its customer base outside of the US retail market.
