Robinhood has finalized the acquisition of cryptocurrency exchange Bitstamp for $200 million. This event marks a strategic expansion of Robinhood in the global market.
Deal Details
The acquisition of Bitstamp was announced in June 2024 and was completed on June 2, 2025. The deal aims to integrate Bitstamp’s reputable platform while expanding Robinhood's influence in global markets. Johann Kerbrat, General Manager of Robinhood Crypto, praised Bitstamp's resilience and reputation.
Market Impact
The acquisition will significantly impact Robinhood’s ability to serve both retail and institutional customers. Bitstamp brings over 500,000 retail and 5,000 institutional clients to Robinhood, thus expanding its customer base. Moreover, Robinhood will now have access to extensive markets in the European Union and Asia.
Financial Implications
The $200 million transaction is expected to gradually contribute to Robinhood's EBITDA. Integration costs are anticipated to be $65 million in 2025. Meanwhile, Bitstamp, which generated $95 million in revenue for the year ending April 2025, strengthens Robinhood’s global expansion strategy.
The completion of the acquisition of Bitstamp strengthens Robinhood's market position and expands its capabilities in cryptocurrency. It also enhances regulatory compliance, as Robinhood will acquire licenses in various jurisdictions.
