Crypto Giant Robinhood Plans $200 Million BitStamp Buyout to Expand Internationally – What This Means for Regulation and Revenue Stream
San Francisco, CA – Robinhood, the financial services company based in San Francisco, is making waves in the crypto world with its latest move to acquire BitStamp, a crypto exchange based in Slovenia, for $200 million in cash. This acquisition is aimed at expanding Robinhood’s crypto business internationally, tapping into BitStamp’s major international presence and over 50 active licenses to operate globally, mostly in Europe. According to Johann Kerbrat, general manager of Robinhood Crypto, this …