Robinhood Markets to Acquire Bitstamp for About $200 Million
June 12, 2024
Robinhood Markets entered into an agreement to buy Bitstamp, a global cryptocurrency exchange, for about $200 million in cash. The deal is subject to customary closing conditions and regulatory approvals and is expected to close in the first half of 2025, expanding Robinhood Crypto globally and adding an institutional business line.
- Buyers
- Robinhood Markets
- Targets
- Bitstamp
- Industry
- Payments & Fintech
- Location
- Luxembourg
- Transaction Type
- Buyout
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