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Coin Edition 2024-06-06 15:30:00

Robinhood Expands European Footprint with Acquisition of Crypto Exchange Bitstamp

Robinhood Markets has agreed to acquire Bitstamp, a cryptocurrency exchange, for $200 million in cash. This acquisition marks Robinhood’s largest deal to-date and as part of its expansion into cryptocurrency offerings. Bitstamp, founded in 2011, brings over 85 crypto assets and significant regulatory approvals to Robinhood’s platform. The deal will enhance Robinhood Crypto’s growth and The post Robinhood Expands European Footprint with Acquisition of Crypto Exchange Bitstamp appeared first on Coin Edition .

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