Robinhood plans to acquire Bitstamp, a renowned worldwide bitcoin exchange, for $200 million in cash. The acquisition is intended to help Robinhood expand globally and recruit corporate customers. The transaction is expected to be finalised within the first half of 2025; Johann Kerbrat, general manager of Robinhood Crypto, emphasised the strategic relevance of this partnership in terms of growing the cryptocurrency industry and increasing their footprint outside of the United States. Bitstamp, launched in 2011, is one of Europe's leading crypto exchanges.