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Robinhood acquires crypto exchange Bitstamp

Robinhood Markets, Inc. to acquire cryptocurrency exchange Bitstamp Ltd. for $200 million in cash — pending regulatory approval.

The move is expected to accelerate Robinhood Crypto’s global expansion, as Bitstamp holds over 50 active licenses and registrations worldwide and has a customer base spanning the EU, UK, US, and Asia. Bitstamp’s spot exchange, which supports over 85 tradable assets, along with its staking and lending products, will be integrated into Robinhood’s crypto offering. Barclays Capital Inc. served as the exclusive financial advisor to Robinhood, while Galaxy Digital Partners LLC advised Bitstamp.

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