Robinhood’s $200 million Bitstamp deal takes it beyond retail trading

Robinhood it officially closed its $ 200 million acquisition of Bitsampbringing one of the world’s longest world Crepporarrenty exchanges in their fold and signal a strategic change beyond the marketing trade and in the world of institutions.

All-Cash, first announced the year, you give an international virtor of the immediate international – including cryy customer’s breakfast through the customer action, something longing for a long sales.

For the robbation, treatment marks a move in deep waters rows, borrow and research “

‘Would not call only a pivot, “robbing cryptu kebbra kerbrat said cnbc.” To us, showing the strengths of the two companies. We are one of the big props in the United States: they have products that no matter how you feel about order, and for grace to that space “

The tasks, who labbed Crypto’s legishen in 2018 and helped the mother of 2021, has been working in revocation for the serious breakfast degital, and institutional condition, and institutional.

“Now that I am beginning to see the regulator clarity that comes from Congress and administration, more and more institutions will be wanted to go in to Crypto,” Kercbrat Dissinu.

Bitstamp agreement gives a start of your head.

Founded in 2011, bitstamp is known for their deep liquidity, complying and minimalistic approaching. While not flashy, bitstamp has multipitory dyes and built long relationships with institutional partners across Europe and Asia – something of the robin.

First this monthThe robola has also purchased The firm cladio crypta wonderfi to tap the basis of the United States User of Canada.

“Robin is a market. They do not match the orders, we will have to be a bit of products that will enable us to build more than the active trader of the goods:” Kerbrat said.

“To be a big step for us and truly diversion of our encryption of crypto, not only by the retail in the United States – a global offer,” he said.

From the robinal robinal regulatory in Europe, where the rules encrypted are lighter with the fragmented approach in the US

The company confirmed them that keeps the existing interfaces and bilpammt operations for time, while exploring integration at the time. Mitstamp is already used behind the scenes to smart routing for Rabinoust, Ledger Linder Web, Linderera

“The flow we send in bitstamp will will make bitstamp you more vivid – and attract more institutions,” kerbrat said.

The acquisition closing at a critical moment for robinution.

The Fingech player continued to expand aggressively, including new tokens lists, launch the notchand teasing international roluts. The Bitstamp Bitstamp Registrar Registration may offer an insulation measure as pushing robin further in new international markets.

Kerbrat said he does not exclude the possibility of other acquisitions.

“If we can find a way to speed at least 18 months or two years – and we have a lot of reason to believe that it is a big purchase – it’s something we will have”, he said.