“Through this strategic combination, we are better positioned to expand our footprint outside the U.S. and welcome institutional customers to Robinhood,” Johann Kerbrat, General Manager of Robinhood Crypto, said.
Enhanced Trading Experience
Jean-Baptiste Graftieaux, CEO of Bitstamp, emphasized that the merger will provide users with an enhanced trading experience. The companies anticipate the deal to close by June 2025, pending regulatory approvals. However, they have not specified the authorities from which they require clearance.
