TLDR
- Robinhood completed its $200 million cash acquisition of Luxembourg-based crypto exchange Bitstamp on June 2, 2025
- The deal gives Robinhood access to over 50 licenses and registrations across Europe, UK, and Asia markets
- Bitstamp serves over 5,000 institutional clients and 50,000 retail customers with $95 million in revenue over the last 12 months
- Robinhood expects $65 million in Bitstamp-related integration costs over the remaining seven months of 2025
- The acquisition expands Robinhood’s crypto business beyond the US market where it generated $252 million in Q1 2025 revenue
Robinhood Markets has completed its $200 million acquisition of Bitstamp, one of the world’s longest-running cryptocurrency exchanges. The deal closed on June 2, 2025, with the purchase price paid entirely in cash.
The acquisition brings Robinhood over 50 licenses and registrations across multiple jurisdictions. Bitstamp operates from offices in Luxembourg, the UK, Slovenia, Singapore and the United States.
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
Bitstamp serves more than 5,000 institutional clients and 50,000 retail customers. The exchange reported $95 million in revenue for the 12 months ending April 30, 2025.
Most of Bitstamp’s trading volume comes from its institutional client base. This gives Robinhood access to a market segment it has not previously served at scale.
The purchase price remained unchanged from the initial agreement signed in June 2024. Robinhood’s crypto division generated $252 million in revenue during the first quarter of 2025.
Robinhood has already begun integrating Bitstamp’s platform with its existing systems. The exchange is now connected to Robinhood Legend and Smart Exchange Routing services.
Integration Costs and Timeline
Robinhood expects to record approximately $65 million in Bitstamp-related costs through the end of 2025. These expenses cover integration and operational changes over seven months.
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
The company’s stock price rose 2.77% to $67.98 on June 2 following the announcement. After-hours trading showed an additional 0.44% gain.
Robinhood Crypto General Manager Johann Kerbrat said the company remains open to additional acquisitions. He told CNBC that deals making sense if they can accelerate growth by 18 months to two years.
The company has also agreed to acquire Canadian crypto platform WonderFi for approximately $179 million. That deal was announced on May 13, 2025.
Bitstamp CEO JB Graftieaux said the acquisition will maintain the exchange’s focus on compliance and customer service. The platform’s existing services include crypto-as-a-service, lending, and staking.
Tokenization Focus
Robinhood CEO Vladimir Tenev has identified real-world asset tokenization as a key growth area. He described tokenizing private equities as a major opportunity during the company’s first quarter earnings call.
Tenev said tokenization could allow investors to buy shares in private companies like OpenAI and SpaceX within minutes. He views this as unlocking economic value for the crypto industry in the United States.
The Bitstamp acquisition gives Robinhood immediate access to European, UK and Asian crypto markets. This represents a major expansion from its current focus on US retail customers.
Bitstamp has operated since 2011 and built a reputation for reliable trading systems and deep order books. The exchange’s long operating history provides Robinhood with proven infrastructure and regulatory relationships across multiple countries.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support
