financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Robinhood Cements Crypto Ambitions with $200M Bitstamp Takeover
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Robinhood Cements Crypto Ambitions with $200M Bitstamp Takeover
Jun 4, 2025 3:05 PM

Robinhood has officially completed its $200 million acquisition of Bitstamp, marking a bold step toward globalizing its crypto services and deepening its reach into institutional markets.

The move positions Robinhood as a serious contender in the international crypto scene, expanding beyond its U.S. base and into the European Union, the UK, and Asia.

Bitstamp’s Legacy Adds Weight to Robinhood’s Expansion

Founded in 2011, Bitstamp is the world’s longest-running crypto exchange, with a reputation for reliability and transparency. With more than 50 licenses and registrations globally, the platform has built a loyal customer base among both retail users and financial institutions.

According to a June 2 announcement, the acquisition isn’t just about expanding geographies; it’s Robinhood’s formal entry into institutional crypto. Bitstamp brings with it products like crypto-as-a-service, institutional staking, and lending, setting the stage for Robinhood to compete with heavyweight platforms in this space. The integration also enhances the companys product suite for retail traders, promising smoother, more secure, and diverse trading experiences.

Johann Kerbrat, General Manager of Robinhood Crypto, said the deal marks a “major step” in growing the firm’s digital asset division. He praised Bitstamp’s resilience during market downturns and its consistent delivery of secure and customer-centric services. With this move, Robinhood doesn’t just gain infrastructure—it inherits a seasoned team and a globally trusted brand.

Bitstamp’s CEO, JB Graftieaux, also expressed optimism, noting that joining forces with Robinhood would elevate the trading experience while maintaining a strong focus on compliance and transparency.

Regulatory Green Light Clears the Runway

The timing couldn’t be better. Robinhood recently cleared a regulatory hurdle as the U.S. Securities and Exchange Commission (SEC) closed its long-running investigation into the company’s crypto arm without taking any action.

The agency had previously issued a Wells Notice over potential securities violations, but Robinhood maintained that its platform never facilitated trades in securities. The firm had already taken preemptive steps to delist certain tokens to stay aligned with U.S. regulatory expectations.

Last month, Robinhood submitted a detailed proposal to the SEC urging modernized regulation for tokenized real-world assets (RWAs). It stressed that blockchain-based versions of assets like real estate and equities should be treated under the same legal framework as their traditional forms, not as derivatives.

The proposal also outlined plans for a Real World Asset Exchange, promising on-chain settlement, strict compliance features, and improved transparency.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Here’s Why Bitcoin’s Net Flows to Exchanges Have Hit a Yearly High: ITB
Here’s Why Bitcoin’s Net Flows to Exchanges Have Hit a Yearly High: ITB
Jul 26, 2024
Since the beginning of the month, bitcoin (BTC) flows into crypto exchanges have been on the rise. This is primarily due to creditor distributions by the rehabilitation trustee of the defunct BTC trading platform Mt. Gox. Data from blockchain analytic platform IntoTheBlock has revealed that July 25 saw the exchange BTC net flows hit a yearly high of $2.8 billion....
Ethereum Foundation Wallet Transfers Over $290 Million in ETH After 7 Years
Ethereum Foundation Wallet Transfers Over $290 Million in ETH After 7 Years
Jul 26, 2024
A wallet associated with the Ethereum Foundation has transferred 92,500 ETH, worth $294.9 million, after being inactive for nearly 6.6 years. According to Lookonchain, these tokens have been held at the same address since 2017. The Transfer Details On-chain data indicates that the ETH was originally received from the Ethereum Foundation on September 1, 2015. The transfer, recorded on July...
Jersey City Pension Fund to Invest in Bitcoin ETFs
Jersey City Pension Fund to Invest in Bitcoin ETFs
Jul 26, 2024
Steven Fulop, the mayor of Jersey City, New Jersey, has announced that the citys pension fund will allocate a portion of its investments into Bitcoin ETFs. Fulop also expressed his long-standing belief in cryptocurrency, although he had not publicly mentioned Bitcoin or other assets before July 25. Jersey City Updates Paperwork with SEC In a July 25 post on X,...
bitFlyer Acquires FTX Japan to Expand Crypto Custody Services
bitFlyer Acquires FTX Japan to Expand Crypto Custody Services
Jul 26, 2024
Japanese crypto exchange bitFlyer announced that it has completed its acquisition of FTX Japan, making it a fully owned subsidiary. The deal, finalized on July 26, will have bitFlyer taking 100% ownership of FTX Japans outstanding shares. Crypto Custody Services In a Friday press release, bitFlyer detailed its plans to rebrand the newly acquired entity as Custody New Company by...
Copyright 2023-2025 - www.financetom.com All Rights Reserved