The investment platform developer company Robinhood is planning to acquire the cryptocurrency exchange Bitstamp for $200 million, according to CoinDesk.
Ranked 16th on CoinMarketCap, Bitstamp has a daily trading volume of approximately $230 million and provides access to 191 markets. The deal is expected to be closed in the first half of 2025.
Founded in 2011, Bitstamp is one of the oldest cryptocurrency exchanges in the world and the largest platform in Europe.
