The exchange reported $95 million in net revenue over the 12 months ending April 30, with institutional trading making up the majority of volume. Robinhood said the integration will be \u201cEBITDA-neutral\u201d in the short term, meaning it\u2019s not expected to impact earnings before interest, taxes, and depreciation.\u00a0<\/p>\n
However, it\u2019s expected to become EBITDA-accretive within a year, adding to Robinhood\u2019s earnings once the two businesses are fully integrated. During the remainder of 2025, the company expects related operating expenses of $65 million, which will be driven by integration efforts and core business costs.<\/p>\n
\u201cThe acquisition of Bitstamp is a major step in growing our crypto business,\u201d said Johann Kerbrat, general manager of Robinhood Crypto. \u201cBitstamp\u2019s long-standing global exchange has shown resilience through market cycles and built one of the strongest reputations across retail and institutional crypto investors.\u201d<\/p>\n
Founded in 2011, Bitstamp offers institutional services including lending, staking, and white-label crypto infrastructure. Robinhood plans to integrate Bitstamp\u2019s technology with its Smart Order Routing and Legend trading systems, laying the groundwork for broader institutional access.<\/p>\n
\n\u201cBringing Bitstamp\u2019s platform and expertise into Robinhood\u2019s ecosystem will give users an enhanced trading experience with a continuing commitment to compliance, security, and customer-centricity.\u201d<\/p>\n
\u2014 JB Graftieaux, Bitstamp CEO<\/p>\n<\/blockquote>\n
The deal follows Robinhood\u2019s recent $179 million agreement to acquire Canadian crypto platform WonderFi. The acquisition will increase its regulated footprint in North America and is expected to close in the second half of the year.\u00a0<\/p>\n
With $927 million in cryptocurrency revenue in the first quarter of 2025 alone, Robinhood is establishing itself as a major force in the institutional and international digital asset markets.\u00a0 The company is also developing blockchain-based systems to tokenize U.S. securities for European investors, considering Ethereum (ETH), Solana (SOL), and Arbitrum (ARB) as possible platforms.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Robinhood has officially closed its $200 million all-cash acquisition of Bitstamp, one of the world\u2019s oldest cryptocurrency exchanges. The all-cash deal, announced on June 2, brings Bitstamp\u2019s global operations under…<\/p>\n","protected":false},"author":1,"featured_media":1804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1803"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1803\/revisions"}],"predecessor-version":[{"id":1805,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1803\/revisions\/1805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1804"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}