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Robinhood completes $ 200m Crypto Exchange Bitstamp

Robinhood (Hood) ended up taking European crypto to breathe bitstamp for $ 200 million.
The logos on the website and app of Bitstamp are updated to read “Bitstamp by Robinhood.”
The deal, which is First announced in June of last yearGives Robinhood an entry into the global crypto trade market, both retail and institutional.
Established in 2011, BitStamp is the Longs Active Crypto exchange worldwide and is now holding more than 50 licenses and registrations worldwide.
Robinhood shares exchanged around 1.4% higher just under $ 69 in pre-market trading Tuesday.