- Robinhood bought Bitstamp for $200M cash, gaining licenses, 5k institutions, and 50k retail crypto users globally.
- The deal expands Robinhood Crypto beyond the US into Europe, UK, and Asia, boosting international reach significantly.
Robinhood Markets has completed its $200 million purchase of Bitstamp, the Luxembourg-based crypto exchange. The deal adds more than fifty new licenses and a ready-made base of over five thousand institutional clients. It also brings fifty thousand retail users into Robinhood’s crypto division.
Bitstamp is now part of @RobinhoodApp
Together, we’re combining 14 years of trusted crypto expertise with Robinhood’s global vision – expanding access and building the future of crypto, together.
More here 👇https://t.co/Po2NxE971C
— Bitstamp by Robinhood (@Bitstamp) June 2, 2025
The price stayed the same as in the June 2024 agreement, and Robinhood paid it fully in cash. On May 13, the company also agreed to buy WonderFi, a Canadian crypto platform, for about $179 million. Johann Kerbrat, general manager of Robinhood Crypto, said the team remains open to more acquisitions if they speed up growth by at least eighteen months or two years.
Shares of Robinhood (HOOD) closed on June 2 at $67.98, up 2.77 percent during regular trading and another 0.44 percent after hours. Meanwhile, management has set its sights on tokenizing real-world assets. CEO Vladimir Tenev described tokenized private equity shares as “a huge unlock” for both individuals and businesses. He said tokenized shares in firms like OpenAI or SpaceX could trade within minutes.
Bitstamp is now part of Robinhood, adding a globally-scaled crypto exchange and our first-ever institutional crypto business.
Our work is just beginning. https://t.co/VDjGS1KuBb
— Vlad Tenev (@vladtenev) June 2, 2025
Bitstamp generated $95 million in revenue over the year ending April 30. During the first quarter of 2025, Robinhood’s crypto arm brought in $252 million. Robinhood noted that acquiring Bitstamp extends its reach beyond the United States into Europe, the United Kingdom and Asia. It has already hooked Bitstamp’s systems into its Legend platform and Smart Exchange Routing network.
However, Robinhood expects roughly $65 million in costs tied to integrating Bitstamp before year’s end. The company faces plenty of work blending teams, systems and regulations. Still, this move could serve as a beacon for future deals.
Therefore, Robinhood’s deal adds muscle to its global crypto push. It also shows the firm’s drive to win market share through both tokenization and targeted buys. Over the coming months, investors will watch for how Robinhood weaves these pieces together—and whether the new momentum pays off.
