$HOOD purchases crypto exchange Bitstamp

Robinhood has officially completed the purchase the crypto exchange Bitstamp, for $200 million. Expanding Robinhoods footprint in the crypto sector to Asia, EU, and UK. As of latest reports Bitstamp serves over five million users, this includes >50,000 funded retail customers and >5,000 institutional customers.

in a 12 month period (ending April 2025), Bitstamp generated roughly $95 million in net revenue.

$95 million would represent less than a 10% increase in Robinhood current revenue, which was $1.01 billion in 2024. Though some analysts are predicting that Robinhood will reach ~4.6 billion in coming years.