Robinhood Markets Inks Pact To acquire Bitstamp Global Cryptocurrency Exchange, Expects Final Deal Consideration To Be Approximately $200M
Portfolio Pulse from Benzinga Newsdesk
Robinhood Markets has announced an agreement to acquire Bitstamp, a global cryptocurrency exchange, for approximately $200 million.
June 06, 2024 | 11:12 am
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Robinhood Markets has announced an agreement to acquire Bitstamp, a global cryptocurrency exchange, for approximately $200 million. This acquisition could expand Robinhood's presence in the cryptocurrency market.
The acquisition of Bitstamp by Robinhood Markets is a significant move that could enhance Robinhood's offerings in the cryptocurrency market. This could attract more users to its platform and potentially increase its revenue streams.
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