Robinhood Markets (NASDAQ:HOOD) has finalized its $200 million acquisition of Bitstamp, one of the world’s longest-running and most regulated cryptocurrency exchanges.

The deal—originally announced in July 2024—marks Robinhood’s most significant step into global crypto expansion, bringing over 50 active licenses and registrations across the EU, UK, US, and Asia. Bitstamp’s 14-year legacy includes strong institutional relationships, deep liquidity, and services like crypto-as-a-service, institutional lending, and staking.

“This acquisition is a major step in growing our crypto business,” said Johann Kerbrat, General Manager of Robinhood Crypto.
“Bitstamp’s global exchange has shown resilience through market cycles. By combining customer experience with safety, they’ve built one of the strongest reputations in crypto.”

The acquisition officially positions Robinhood within the institutional crypto market, a space previously untapped by the US neobroker. Bitstamp’s existing infrastructure will now support both retail and institutional clients under the Robinhood brand.

“Bringing Bitstamp’s platform and expertise into Robinhood’s ecosystem will give users an enhanced trading experience,” said JB Graftieaux, CEO of Bitstamp.
“We remain committed to compliance, security, and customer-centricity.”

This move follows a wave of consolidation in the crypto sector, signaling Robinhood’s ambition to evolve beyond retail into a global, multi-tier crypto provider.