Robinhood's Ambition: Integrating Global Liquidity and Licensing Resources through Bitstamp

Tradingkey – Robinhood has completed the acquisition of cryptocurrency exchange Bitstamp for $200 million in cash, quickly securing operating licenses, liquidity resources, and an established institutional customer base across multiple global markets. The deal was announced in June 2024 and finalized on May 2, 2025.

Bitstamp serves more than 5,000 institutional clients and approximately 50,000 retail users, generating $95 million in revenue over the past year.

This acquisition grants Robinhood regulatory access across Europe, the UK, and Asia, accelerating its expansion from its U.S. roots into global crypto markets. Bitstamp has already been integrated into Robinhood Legend’s smart trading system, improving execution efficiency. The company expects to invest an additional $65 million in the integration process, primarily for technology upgrades and market expansion.

At the same time, Robinhood also announced its acquisition of Canadian platform WonderFi for $179 million, further strengthening its position in the North American market.

CEO Vladimir Tenev stated that the company will continue to focus on the trend of asset tokenization, exploring opportunities to convert illiquid assets such as private equity into tradable digital assets.

Following the announcements, Robinhood’s stock rose 2.77% during trading hours and continued to climb in after-hours trading, reflecting market confidence in its strategic direction.

These moves signal Robinhood’s rapid construction of a global crypto platform catering to both retail and institutional investors through acquisitions. Its success in integration and the pace of international expansion will serve as key indicators for observing shifts in industry consolidation.