EXCLUSIVE: Robinhood’s Bitstamp Deal Will Drive Growth, Exec Says: ‘What Was Good For Stocks … We Brought Into Crypto’
Trading platform Robinhood Markets (NASDAQ:HOOD) continues to add to the offerings available to retail traders.
One of those offerings, crypto, will get a boost thanks to the acquisition of Bitstamp.
“We have a lot of products,” Robinhood Crypto General Manager Johann Kerbrat told Benzinga’s Zunaid Suleman in an interview Thursday at the 2024 HOOD Summit in Miami.
In addition to stock and options trading, Robinhood offers cryptocurrencies including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE).
With Robinhood Crypto, users can self-custody and control their own assets in wallets, Kerbrat said.
For many new crypto investors it’s important to start small and learn about the assets before trading, he said.
“For me, it’s all about education.”
Read Also: Robinhood Announces Futures Trading, Index Options Trading
Growth With Bitstamp Acquisition: Robinhood announced the acquisition …
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