Robinhood buys crypto exchange Bitstamp in surprise $200 million deal – Fortune
Robinhood announced on Thursday that it has acquired Bitstamp, one of the world’s oldest cryptocurrency exchanges, in an all-cash transaction valued at approximately $200 million. The acquisition, expected to close in the first half of 2025, will advance one of Robinhood’s strategic objectives by expanding the company’s presence in international markets. Bitstamp has been a […]
Robinhood expands crypto efforts with $200M purchase of Bitstamp
Rep. Tom Emmer (R-MN) joins “Making Money” to discuss a new bill aimed at protecting Americans’ privacy in digital currencies. Robinhood Markets announced on Thursday that it was acquiring Bitstamp. The company said in a press release that it will pay approximately $200 million in cash as part of the deal to become the owner […]