Robinhood Acquires Bitstamp to Boost Global Crypto Presence
TL;DR Summary
Robinhood has agreed to acquire U.K.-based crypto exchange Bitstamp for $200 million in cash, aiming to expand its global crypto presence and attract institutional clients. The deal, expected to close in the first half of 2025, will enhance Robinhood's trading platform with Bitstamp's established and regulated exchange services.
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