Robinhood Acquires Crypto Exchange Bitstamp for $200M
Robinhood (NASDAQ:HOOD), the popular stock-trading app, is expanding its presence in the cryptocurrency market with the acquisition of global crypto exchange Bitstamp for approximately $200 million. The transaction is expected to finalize in the first half of 2025. Robinhood, traditionally known for enabling everyday consumers to trade stocks, has been gradually increasing its involvement in…