Robinhood Acquires Bitstamp for $200M, Expands Crypto Footprint
TL;DR Summary
Robinhood is acquiring crypto exchange Bitstamp for $200 million, a move that will add millions of new crypto customers and numerous global licenses to its portfolio. This acquisition highlights Robinhood's commitment to expanding its financial services and its belief in the future of cryptocurrency, despite recent financial challenges.
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- Robinhood Doubles Down on Crypto With Deal for Bitstamp The Wall Street Journal
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