This strategic move is expected to extend Robinhood's reach beyond retail trading, combining Bitstamp's established crypto expertise with Robinhood's global vision to expand access and develop the future of cryptocurrency services.
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Robinhood Secures First Crypto License From Bank of Lithuania and Acquires Bitstamp for $200 Million
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Robinhood aims to leverage Bitstamp’s institutional infrastructure to build out crypto-as-a-service, staking, and custody solutions, solidifying its global crypto strategy.
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