Robinhood Expands Global Reach with $200M Bitstamp Acquisition
Robinhood Markets, Inc. has revealed its intention to purchase Bitstamp Ltd. on June 6, 2024, one of the oldest cryptocurrency exchanges, in a deal worth $200 million. This acquisition, which will conclude in the first half of 2025, marks a significant milestone for Robinhood as it seeks to expand its global presence and tap into…