Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the...

Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.

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Source: Coindesk.com

Trading platform Robinhood has agreed to buy U.K.-based crypto exchange Bitstamp for $200 million in cash. U.K.-based Bitstamp was founded in 2011 and is one of the largest crypto exchanges in Europe. The acquisition is hoped to allow Robinhood to expand its crypto presence globally and attract institutional clientele.

Read More https://www.coindesk.com/business/2024/06/06/robinhood-to-buy-crypto-exchange-bitstamp-in-effort-to-expand-outside-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S." appeared first here Coindesk.com.

Source: Coindesk.com

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