Robinhood Acquires Bitstamp for $200 Million Despite SEC Lawsuit Threat

Robinhood Markets has agreed to purchase Bitstamp, a leading cryptocurrency exchange, for $200 million in cash. This acquisition marks Robinhood’s largest deal to date and is part of its strategy to expand its cryptocurrency offerings. Bitstamp, founded in 2011, brings over 85 tradable assets and significant regulatory approvals to Robinhood’s platform. The deal will enhance The post Robinhood Acquires Bitstamp for $200 Million Despite SEC Lawsuit Threat appeared first on Coin Edition .