Robinhood Markets to Acquire Bitstamp for About $200 Million

Robinhood Acquires WonderFi for CA$250M to Enter Canadian Market

May 13, 2025

Payments & Fintech

Robinhood is acquiring Canada-based crypto trading platform WonderFi in an all-cash deal valued at approximately $178.56 million (CA$250 million). The acquisition gives Robinhood access to WonderFi’s regulated platforms (Bitbuy and Coinsquare), more than 1.6 million registered Canadian users and roughly C$1 billion in assets under custody, accelerating Robinhood’s expansion into Canada.

Robinhood Acquires Ziglu Limited

April 19, 2022

Payments & Fintech

Robinhood has signed an agreement to acquire UK-based electronic money institution and cryptoasset firm Ziglu Limited, subject to regulatory approvals. The acquisition will help Robinhood accelerate its international expansion into the UK and Europe and bring Ziglu's crypto, debit-card and e-money capabilities onto the Robinhood platform.

Ripple to Acquire Rail for $200 Million

August 7, 2025

Payments & Fintech

Ripple agreed to acquire Rail, a stablecoin-powered global payments platform, for $200 million. The deal expands Ripple’s digital asset payments infrastructure by adding Rail’s virtual accounts and automated back-office capabilities, and is expected to close in Q4 2025 subject to regulatory approvals.

Coinbase to Acquire Deribit in $2.9 Billion Deal

May 8, 2025

Payments & Fintech

Coinbase entered into an agreement to acquire Deribit, a leading crypto options exchange, for approximately $2.9 billion. The deal includes $700 million in cash plus 11 million shares of Coinbase Class A common stock, and is expected to close by year-end subject to regulatory approvals and customary closing conditions.

Robinhood and Susquehanna JV Acquires 90% of MIAXdx to Launch CFTC-Licensed Derivatives Exchange

November 30, 2025

Financial Services

Robinhood Markets, in partnership with Susquehanna International Group, formed a joint venture and acquired a 90% controlling stake in MIAX Derivatives Exchange (MIAXdx). The JV plans to use MIAXdx’s CFTC-regulated designated contract market (DCM) and derivatives clearing organization (DCO) infrastructure to expand Robinhood’s prediction markets and derivatives offerings.

Bitfarms to Acquire Stronghold Digital Mining

August 21, 2024

Energy

Bitfarms Ltd. entered into a definitive stock-for-stock merger agreement to acquire Stronghold Digital Mining, valued at approximately US$125 million in equity plus assumed debt of about US$50 million. The deal is expected to close in the first quarter of 2025, subject to approvals and customary closing conditions.