🌍 Robinhood buys Bitstamp for $200 million
Robinhood has completed the acquisition of one of the oldest exchanges — Bitstamp, for $200 million in cash.
What’s behind this?
• Fast access to licenses and infrastructure in Europe and Asia.
• Now Robinhood can transition from retail traders to the institutional market.
• This is a significant boost in the fight for global positions against Coinbase and Binance.