Robinhood just made one of its boldest crypto moves yet. On June 2, the company finalized a $200 million all-cash acquisition of Bitstamp, one of Europe’s oldest and most trusted crypto exchanges. This strategic purchase marks a major step in Robinhood’s ambition to go global in crypto.

🔍 What’s in the Deal?

• Bitstamp brings over 50 global licenses, operations across EU, UK, and Asia, and a strong institutional customer base (5,000+ clients).
• Robinhood’s crypto revenue hit $252M in Q1 2025, while Bitstamp pulled $95M over the past 12 months.
• The acquisition price remained unchanged from the original June 2024 agreement — $200M in cash.

🌍 Global Strategy, Fast-Tracked

Bitstamp’s integration into Robinhood is already underway, connecting to tools like Legend and Smart Exchange Routing. The aim? Accelerate Robinhood’s international crypto reach by 18–24 months.

Robinhood isn’t stopping there: it’s also acquiring Canada’s WonderFi for ~$179M. Clearly, they’re building a multi-national crypto empire.

🧠 What’s Next? Tokenization.

CEO Vlad Tenev has his eye on the next frontier: tokenizing real-world assets, especially private equities. Imagine buying tokenized shares of OpenAI or SpaceX directly through Robinhood — that’s the vision.

Tenev believes tokenization could “unlock a ton of value” by solving inefficiencies in secondary markets. That’s a bold promise — and potentially a massive opportunity.

💸 Buy Signal or Growing Pains?

On one hand, Robinhood is building a formidable global infrastructure. On the other, the firm is taking on integration costs ($65M in 2025) and diving deeper into a highly regulated space.

Investors cheered: HOOD shares rose 2.77%, with a slight after-hours bump.

This is not investment advice. Always do your own research before making financial decisions.