Robinhood gets into the European cryptoma market with the takeover of Bitstamp
Robinhood has officially announced the takeover of BISTAMP, one of the oldest stock exchanges for digital assets in Europe.
The $ 200 million heavy Dealwhich was concluded without changes to the agreement of 2024, Robinhood gives access to over 50 official licenses and a solid user base in the UK, Europe and Asia.
BISTAMP, which achieves most of its volume from institutional activities, currently serves 5,000 major customers and 50,000 private customers. While the crypto division of Robinhood generated 252 million in the first quarter of 2025, Bitstamp contributed $ 95 million last year. Integration is already underway, whereby the Bitstamp system is now connected to the internal infrastructure of Robinhood, including the tools “Legend” and “Smart Exchange Routing”.
In addition to the takeover of Bitstamp, Robinhood recently announced a separate deal for the purchase of the Canadian crypto company Wonderfi for $ 179 million and thus confirmed his intention to grow beyond the borders of the United States.
Despite the international expansion, Robinhood's ambitions are not limited to geographical expansion. CEO Vladimir Tenev sees the tokenization of real assets as the next challenge for the company. During the telephone conference on the corporate result, he explained that the tokenization of private equity could change secondary markets by traditionally making illiquid shares accessible within minutes – such as those of Openaai or SpaceX.
Kerbrat, head of Robinhood Crypto, indicated further takeovers and explained that the acceleration of growth by up to two years by Kluge Deals was still a strategic priority.
The Robinhood share closed on June 2 with a plus of 2.77% and recorded moderate profits in post-market trade because investors reacted to the growing crypto ambitions of the company.
