Robinhood Completes $200 Million Bitstamp Deal, Gains Access To 500K+ Crypto Users And $95 Million Revenue Stream
Robinhood Markets Inc. (NASDAQ:HOOD) on Monday completed its $200 million acquisition of Bitstamp Ltd., one of the longest-running global exchanges facilitating Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: BTC) and other cryptocurrency trading for both retail and institutional investors.
What Happened: The deal brings Bitstamp’s over 50 active global licenses and registrations to Robinhood’s platform. As of April 30, Bitstamp served over 500,000 funded retail customers and approximately 5,000 institutional customers, with exchange volume predominantly institutional-focused.
Bitstamp generated total net revenues of approximately $95 million over the last twelve months ending April 30. Robinhood expects the acquisition to be roughly Adjusted EBITDA neutral immediately following close and accretive within 12 months.
For the remaining seven months of 2025, Robinhood anticipates recording approximately $65 million in Bitstamp-related costs, primarily driven by business operations, …
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