Robinhood's Crypto Force Awakens: Bitstamp Acquisition Complete!

A New Hope for Robinhood?

Hmm Robinhood and Bitstamp together now. A deal of $200 million it is. Closed the acquisition is! Robinhood now a bigger fish in the crypto sea it becomes. Beyond retail trading it seeks to go. Institutions it now eyes. 'Do or do not there is no try,' said I. But acquiring they did.

International Waters Here We Come!

Across Europe the UK and Asia over 50 crypto licenses Bitstamp possesses. An international footprint Robinhood gains! Institutional clients Bitstamp has. Something Robinhood long desired this is. 'Size matters not,' I said but in business hmm perhaps it does.

Deeper Waters They Plunge

Into institutional crypto flows Robinhood now wades. Lending staking and 'crypto as a service,' all for hedge funds fintechs and advisors. Systems for custody price discovery and settlement strong they must be. A pivot they say it is not. But a new path it is.

Regulatory Clarity a Guiding Light?

Regulation from Congress clarity it brings slowly. More institutions into crypto it draws. Bitstamp a head start it gives. Founded in 2011 Bitstamp is. Deep liquidity and compliance its strengths. Minimalist approach it has. 'Patience you must have my young Padawan,' I always say. Pays off it does.

WonderFi and the Canadian Connection

Also a Canadian crypto firm WonderFi Robinhood acquired. Canada's user base they seek. A marketplace Robinhood aims to be. Not just matching orders but building on advanced trading. Diversifying their crypto business from US retail to a global offering they dream. 'A dream it is but not impossible' hmm!

The Force is Strong...With Acquisitions?

Maintain Bitstamp's interfaces they will. Deeper integration they explore. More institutions they want to attract. Another acquisition they ponder. Accelerate by 18 months if they can another deal they may seek. 'Always two there are no more no less. A master and an apprentice.' Or in this case Robinhood and Bitstamp hmm?