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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/robinhood-makes-major-crypto-acquisition" data-wpel-link="internal">Robinhood Makes Major Crypto Acquisition</a><br></p>
<p style="text-align: justify">Robinhood, the popular trading platform, has announced its intention to acquire a long-standing cryptocurrency exchange for $200 million. Known for enabling individual <a href="https://finance.coin-turk.com/" rel="nofollow noopener" target="_blank" data-wpel-link="exclude">investors</a> to trade stocks and cryptocurrencies at low costs, Robinhood gained widespread attention during the GameStop surge of 2021. Now, the firm is set to make a significant move in the cryptocurrency market by purchasing Bitstamp, a well-established global crypto exchange. This acquisition is expected to be finalized in the first half of 2025.</p> 
<h2 id="why-acquire-bitstamp">Why Acquire Bitstamp?</h2> 
<p style="text-align: justify">The acquisition aims to bolster Robinhood’s presence outside the United States, particularly in the EU, UK, and Asia. Bitstamp, known for its reliable execution, deep order books, and industry-leading API connectivity, offers a white-label solution along with corporate lending and staking services. These features will enable Robinhood to enhance its product offerings while leveraging Bitstamp’s established infrastructure and client relationships.</p> 
<h2 id="what-does-robinhood-gain">What Does Robinhood Gain?</h2> 
<p style="text-align: justify">Robinhood Crypto General Manager Johann Kerbrat emphasized the strategic importance of the acquisition. Bitstamp has been a resilient player through various market cycles and is highly regarded among both individual and institutional investors. Kerbrat noted that Bitstamp’s blend of customer experience and security makes it a valuable addition to Robinhood’s portfolio, facilitating the company’s global expansion goals.</p> 
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2> 
<ul> 
 <li>Robinhood seeks to expand its international footprint through the acquisition.</li> 
 <li>Bitstamp’s established infrastructure and client relationships provide a strategic advantage.</li> 
 <li>The deal will enable Robinhood to offer enhanced crypto services, including staking and corporate lending.</li> 
 <li>Completion of the acquisition is targeted for the first half of 2025.</li> 
</ul> 
<p style="text-align: justify">The acquisition of Bitstamp represents a major step for Robinhood in growing its cryptocurrency business. With this strategic move, Robinhood is set to enhance its service offerings while gaining a stronger foothold in international markets. Investors and users can look forward to more robust and diverse crypto-trading options as Robinhood integrates Bitstamp’s capabilities.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/robinhood-makes-major-crypto-acquisition" data-wpel-link="internal">Robinhood Makes Major Crypto Acquisition</a></h5>

Robinhood Makes Major Crypto Acquisition

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