CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Coin Rise 2025-06-03 16:30:56

Robinhood Seals Bitstamp Deal, Push for Global Crypto Expansion

Robinhood has completed its $200 million acquisition of Bitstamp, the world’s oldest crypto exchange. Announced on June 2, this strategic move marks Robinhood’s plan to expand beyond the U.S. This development aims to strengthen its presence in the crypto market by serving institutional clients. Bitstamp Joins Robinhood The U.S.-based financial technology company first announced plans to buy Bitstamp in June 2024 . Less than a year later, the deal is complete. Before the deal could be sealed, the company went through a rigorous process, including getting approval from regulators and meeting legal requirements. Bitstamp started 2011 as a European alternative to the now-closed Mt. Gox exchange. Since then, it has become one of the most trusted crypto exchanges globally. It offers over 85 tradable crypto assets and licenses in over 50 countries. In May, Bitstamp received a Crypto Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This approval allowed the exchange to provide many services across Europe legally. By buying Bitstamp, Robinhood can now offer crypto trading to more users in Europe, the UK, Asia, and the U.S. It can also serve institutional clients and large companies for the first time. Bitstamp To Complement Broader Market Strengths Bitstamp brings more than just a customer base. It also brings firm crypto services like lending, staking, and a robust trading API. These features support Robinhood’s goal of offering seamless global trading. Robinhood plans to combine its large retail user base with Bitstamp’s institutional infrastructure. This will improve liquidity, increase market access, and deliver a better trading experience for users across different regions and asset classes. Notably, Bitstamp will keep its name for now, rebranded as “Bitstamp by Robinhood.” Both teams will work together to improve crypto services. Robinhood Aims to Grow Beyond Crypto Robinhood is building more than just a trading app. The company wants to create a global financial ecosystem that includes tokenized securities , stocks, crypto, stablecoins, and prediction markets. It plans to use blockchain technology to make trading smoother and faster. Crypto trading is already a growing part of Robinhood’s business. This acquisition is poised to help it compete with major players like Coinbase, giving it a trusted foundation to grow worldwide. Notably, Barclays Capital Inc. worked with Robinhood as its advisory during the acquisition, while Galaxy Digital Partners LLC supported Bitstamp. Together, they helped shape one of the year’s biggest crypto deals. With Bitstamp under its wing, Robinhood takes a bold step toward becoming a truly global force in crypto and finance. The post Robinhood Seals Bitstamp Deal, Push for Global Crypto Expansion appeared first on TheCoinrise.com .

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.