🔥🔥🔥 ROBINHOOD SPENDS 200 MILLION USD TO BUY BITSTAMP EXCHANGE
⏩ On the evening of June 6, 2024, Robinhood Markets Inc. (HOOD) announced that it has agreed to acquire Bitstamp for $200 million in cash. The deal is expected to be completed in the first half of 2025, with advice from Barclays Capital and Galaxy Digital.
⏩ Bitstamp, founded in 2011 in the UK, is one of Europe's largest cryptocurrency exchanges, offering trading in more than 85 cryptocurrencies and other digital products. This floor is strictly managed and possesses more than 50 global licenses, regularly audited by one of the four largest auditing companies in the world. The deal helps Robinhood expand its global cryptocurrency offerings and attract institutional customers.
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