Robinhood has completed its acquisition of Bitstamp for $2 billion.

On June 3rd, Robinhood Markets, Inc. successfully completed the acquisition of Bitstamp, a Luxembourg-based cryptocurrency exchange. The transaction was settled with $200 million in cash. This acquisition has added over 50 licenses and registrations to Robinhood's cryptocurrency division and provided it with a mature institutional client base. On June 2nd, Robinhood announced that the acquisition price of $200 million remained unchanged from the initial agreement in June 2024 and was fully paid in cash. Bitstamp serves more than 5,000 institutional clients and 50,000 retail clients. The trading volume of Bitstamp is mainly driven by institutional clients. In another announcement on June 2nd, Robinhood indicated that this acquisition has significantly expanded its cryptocurrency business presence in markets outside the United States, including Europe, the UK, and Asia. Bitstamp reported that its revenue for the 12 months ending April 30 was $95 million, while Robinhood's cryptocurrency business generated revenue of $252 million in the first quarter of 2025. Robinhood has stated that it has started integrating Bitstamp's cryptocurrency platform. Bitstamp is integrating Robinhood's Legend and smart order routing products. Robinhood also agreed on May 13th to acquire the Canadian cryptocurrency platform WonderFi for approximately $179 million to strengthen its presence in the Canadian market.