Robinhood Markets, Inc. has finalized a $200 million deal to acquire Bitstamp, a crypto exchange based in Luxembourg. This acquisition brings over 50 licenses, an established institutional client base, and expands Robinhood's crypto presence beyond the US into European, UK, and Asian markets. The transaction, paid entirely in cash, remains unchanged from the initial agreement in June 2024. Bitstamp, serving over 5,000 institutional clients and 50,000 retail customers, reported $95 million in revenue for the last 12 months. Robinhood's crypto business generated $252 million in the first quarter of 2025. Additionally, Robinhood has also acquired Canadian platform WonderFi for approximately $179 million to strengthen its presence in the Canadian market. CEO Vladimir Tenev aims to expand into real-world asset tokenization, seeing it as a significant opportunity for economic value in the US crypto industry. Read more AI-generated news on: https://app.chaingpt.org/news