Robinhood Finalizes $200M Bitstamp Acquisition
Robinhood has finally finished its $200 million all-cash acquisition of Bitstamp, a veteran cryptocurrency exchange. The strategic buy heavily expands Robinhood’s presence in the global digital asset market.
Bitstamp Brings Global Presence and Institutional Influence
Revealed on June 2, the deal puts Bitstamp’s extensive international operations and regulatory licenses into Robinhood’s hands. Bitstamp has more than 50 active licenses in Europe, the UK, the U.S., and Asia, with more than 500,000 funded retail customers and approximately 5,000 institutional customers.
In the past 12 months ending April 30, Bitstamp recorded $95 million in net income—largely from institutional trading volumes.
Short-Term Neutral, Long-Term Profitable
Robinhood indicated that the deal would be EBITDA-neutral in the near future. It’s, however, projected to be EBITDA-accretive in one year, boosting the company’s earnings once it’s fully integrated.
For the remaining part of 2025, Robinhood projects operating expense of $65 million in relation to integration and core operations.
Robinhood Eyes Institutional Market Growth
“The acquisition of Bitstamp is an important milestone in the growth of our crypto business,” said Johann Kerbrat, General Manager of Robinhood Crypto. “Bitstamp is a stalwart institution with a world-class exchange with one of the best reputations among retail and institutional crypto investors.”
Bitstamp, established in 2011, provides various institutional offerings like lending of crypto assets, staking, and white-label infrastructure. Robinhood plans to integrate Bitstamp’s systems along with its own Smart Order Routing and Legend trading technology.
Enhancing Regulatory and International Presence
“Merging Bitstamp’s platform and expertise into Robinhood’s ecosystem will give users a better trading experience with continuous emphasis on compliance, security, and customer-friendliness,” said JB Graftieaux, CEO of Bitstamp.
The move follows Robinhood’s announcement that it has entered into its $179 million agreement to acquire WonderFi, Canada-based cryptocurrency platform, expanding its North American regulatory footprint further. That deal will close in the second half of 2025.
Robinhood’s Broader Crypto Vision
Robinhood reported $927 million of cryptocurrency revenue in Q1 2025, reflecting strong momentum in digital assets. Robinhood is also developing blockchain-based platforms to tokenise U.S. securities for the European market, exploring platforms like Ethereum, Solana, and Arbitrum.
The Bitstamp acquisition marks a key development in Robinhood’s evolution into a full-spectrum player in retail and institutional crypto markets.
