Good News For Crypto: Robinhood Bets Big On Cryptocurrency With Bitstamp Deal
Robinhood has announced plans to acquire global cryptocurrency exchange Bitstamp. On June 6, the two parties stated they have an agreement for Robinhood to buy Bitstamp in an approximately $200 million deal. The deal is expected to close in early 2025 and will expand Robinhood’s global reach as well as its prominence in the crypto space.
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