Create account

Coverage dated June 5, 2024

Robinhood buying crytocurrency exchange Bitstamp for about $200 million

Headline from WHEC Rochester

Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally.

WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

10 articles, oldest first.

  1. WHEC Rochester

    Robinhood buying crytocurrency exchange Bitstamp for about $200 million (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally.

  2. Quartz

    Robinhood stock hits new high following news of $200 million Bitstamp acquisition (opens Quartz)

    Published

    Quartz's feed description

    The stock trading platform is aiming to expand its crypto business overseas

  3. CBS News

    Robinhood to acquire Bitstamp crypto exchange in $200 million deal (opens CBS News)

    Published

    CBS News's feed description

    With the deal, the trading platform will become a competitor to larger crypto trading firms like Binance and Coinbase.

  4. FOX Business

    Robinhood expands crypto efforts with $200M purchase of Bitstamp (opens FOX Business)

    Published

    FOX Business's feed description

    Robinhood Markets revealed Thursday it will purchase Bitstamp, saying it expects to pay about $200 million in cash to become the cryptocurrency exchange's new owner.

  5. Fortune

    Unfazed by likely SEC lawsuit, Robinhood just forked over $200 million to buy a crypto exchange (opens Fortune)

    Published

    Fortune's feed description

    The company, which received a Wells Notice from the SEC in May, touted the move as “a major step in growing our crypto business.”

  6. Investopedia

    Robinhood Buys Bitstamp To Expand Crypto, International Business (opens Investopedia)

    Published

    Investopedia's feed description

    Online trading platform Robinhood agreed to buy Bitstamp, a European cryptocurrency exchange, for about $200 million as it works to expand its crypto and international capabilities.

  7. Fortune

    Robinhood just made a very big bet on crypto: What the $200 million Bitstamp deal means for the company (opens Fortune)

    Published

    Fortune's feed description

    The acquisition is a risky one but could pay off by giving Robinhood access to new markets.

  8. Fortune

    Robinhood buys crypto exchange Bitstamp in surprise $200 million deal (opens Fortune)

    Published

    Fortune's feed description

    The acquisition, which is not yet final, significantly increases Robinhood's international footprint.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Robinhood buying crytocurrency exchange Bitstamp for about $200 million | Since Then