Robinhood Buys Bitstamp for $200M

Robinhood Goes Global with Bitstamp Acquisition

Robinhood Markets, Inc. has officially acquired Bitstamp, a Luxembourg-based crypto exchange, in a $200 million cash deal—finalized on June 2. This move gives Robinhood access to more than 50 active licenses and registrations across Europe, the UK, and Asia, effectively supercharging its global crypto reach.

Bitstamp’s $95 million in revenue over the past 12 months adds to Robinhood Crypto’s robust $252 million Q1 performance in 2025, making this deal both aggressive and calculated.

Institutional Muscle and Seamless Integration

Unlike Robinhood’s retail-heavy roots, Bitstamp thrives on institutional volume, offering a solid base of regulated clientele. Robinhood has already begun integrating Bitstamp’s infrastructure with Robinhood Legend and Smart Exchange Routing, streamlining institutional trading under its banner.  The company estimates it will incur $65 million in costs from Bitstamp over the rest of 2025, with long-term gains expected from broader market access and deeper liquidity pipelines.

Bitstamp and WonderFi: A Double Strike

This isn’t Robinhood’s only crypto play in 2025. Just weeks earlier, on May 13, Robinhood agreed to buy Canadian exchange WonderFi for $179 million—part of a coordinated push into the Canadian market.

Speaking to CNBC, Robinhood Crypto GM Johann Kerbrat said the company is open to more acquisitions if they accelerate growth by 18 to 24 months. Clearly, Robinhood is betting on speed and scale.

Tenev Eyes Tokenization as Crypto’s “Next Frontier”

Robinhood CEO Vladimir Tenev isn’t stopping with exchanges. He’s doubling down on real-world asset (RWA) tokenization as Robinhood’s next big leap.

Robinhood views tokenization as a gateway to broader adoption and a game-changer in secondary market trading, with major implications for the U.S. crypto economy.