Robinhood has officially completed its acquisition of Bitstamp of $ 200 million, marking a bold step towards the globalization of its cryptographic services and deepening its scope in institutional markets.
The movement positions Robinhood as a serious contender in the international cryptographic scene, expanding beyond its American base and in the European Union, the United Kingdom and Asia.
Bitstamp’s legacy add weight to Robinhood’s expansion
Founded in 2011, Bitstamp is the exchange of longer duration cryptography in the world, with a reputation for reliability and transparency. With more than 50 licenses and records worldwide, the platform has built a loyal client base between retail users and financial institutions.
According to June 2 advertisementThe acquisition is not just about expanding geographies; It is Robinhood’s formal entry into institutional cryptography. Bitstamp brings with it products such as crypto-As-a-service, institutional rethinking and loans, preparing the stage for Robinhood to compete with heavyweight platforms in this space. Integration also improves the company’s set of products for retail merchants, promising softer, safer and more diverse commercial experiences.
Johann Kerbrat, general manager of Robinhood Crypto, said the agreement marks an “important step” in the growth of the company’s digital asset division. He praised Bitstamp’s resilience during market recessions and its constant delivery of customer and client -centered services. With this movement, Robinhood not only obtains infrastructure, but inherits an experienced team and a worldwide trust brand.
The Bitstamp CEO, JB Graftieaux, also expressed optimism, noting that joining Robinhood forces would raise the commercial experience while maintaining a strong focus on compliance and transparency.
Regulatory green light erases the track
The moment could not be better. Robinhood recently cleared a regulatory obstacle when the United States Stock Exchange and Securities Commission (SEC) closed its long -standing investigation into the company’s cryptographic arm without taking any measure.
The agency had previously issued a Wells notice about possible value violations, but Robinhood said that its platform never facilitated values operations. The company had already taken preventive measures to eliminate certain tokens to stay aligned with the regulatory expectations of the United States.
Last month, Robinhood presented a detailed proposal to the SEC that urges the modernized regulation of real world assets (RWAS). He stressed that assets -based versions such as real estate and actions should be treated under the same legal framework as their traditional forms, not as derivatives.
The proposal also described the plans for real world assets, a promising agreement in the chain, strict compliance characteristics and better transparency.
Free Binance $ 600 (Cryptopotato Exclusive): Use this link to record a new account and receive an exclusive welcome offer of $ 600 in Binance (Complete details).
Limited offer for Cryptopotate readers at Bybit: Use this link to register and open a free $ 500 position in any currency!