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TechFlow news: U.S. trading platform Robinhood has agreed to acquire UK-based cryptocurrency exchange Bitstamp for $200 million in cash, with the deal expected to close in the first half of 2025.
Bitstamp, founded in 2011, is one of Europe's largest cryptocurrency exchanges. The acquisition is expected to help Robinhood expand its global cryptocurrency business and attract institutional clients.
U.S. trading platform Robinhood has agreed to acquire U.K.-based cryptocurrency exchange Bitstamp for $200 million in cash, with the deal expected to close in the first half of 2025. Founded in 2011, Bitstamp is one of Europe's largest cryptocurrency exchanges. The acquisition is intended to help Robinhood expand its cryptocurrency business globally and attract institutional clients.
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