TLDR Crypto · MARKETS & BUSINESS
ROBINHOOD TO BUY CRYPTO EXCHANGE BITSTAMP IN EFFORT TO EXPAND OUTSIDE THE U.S.
Summary from the TLDR Crypto newsletter
Robinhood has announced Robinhood Crypto's worldwide expansion with the acquisition of crypto exchange Bitstamp. The U.K.-based exchange, one of the biggest in Europe, was sold for $200 million cash and is expected to close in the first half of 2025. Robinhood hopes this purchase will help them attract institutional customers.