Acquisitions and expansions in the crypto industry
• Robinhood acquired Bitstamp — a testament to its strategy for dominance in Europe and the transition from mobile trading to a full-fledged exchange platform .
• Ripple acquired Uphold for $2.1 billion — goal: to become a global hub for payments and asset tokenization .
• Coinbase acquired Trust Wallet and Stani Protocol to become a leading player in Web3 infrastructure and DeFi .
• Binance merged its infrastructure with WOO Network, enhancing liquidity and API efficiency for institutional trading
