Robinhood has finalized a $200 million acquisition of Bitstamp, the world's longest-running cryptocurrency exchange, on June 2, 2025, marking a strategic shift towards institutional trading.

This acquisition comes as Robinhood aims to establish itself as a serious player in the evolving digital asset finance landscape, particularly amidst increasing regulatory clarity.

With this deal, Robinhood gains access to over 50 active crypto licenses across Europe, the UK, and Asia, significantly expanding its international presence.

Bitstamp is known for its deep liquidity and compliance, attributes that Robinhood plans to leverage for building institutional partnerships.

The acquisition allows Robinhood to tap into institutional crypto flows, lending, staking infrastructure, and white-label products tailored for hedge funds and financial institutions.

Robinhood's Crypto General Manager, Johann Kerbrat, highlighted that the acquisition is focused on combining strengths rather than completely pivoting away from retail trading.

The company intends to maintain Bitstamp's existing operations while exploring deeper integration in the future.

Robinhood has already begun integrating Bitstamp's platform with its existing services, including Robinhood Legend and Smart Exchange Routing.

CEO Vladimir Tenev emphasized the importance of expanding into the tokenization market, which he believes could unlock significant economic value for the crypto industry in the U.S.

In the year ending April 30, Bitstamp reported $95 million in revenue, while Robinhood's crypto business generated $252 million in revenue in the first quarter of 2025.

Robinhood anticipates incurring approximately $65 million in costs related to the Bitstamp acquisition over the remaining seven months of 2025.

This acquisition also provides Robinhood with a regulatory advantage in Europe, where crypto regulations are clearer compared to those in the U.S.