Robinhood has finalized its acquisition of Luxembourg-based cryptocurrency exchange Bitstamp for $200 million in cash. This strategic move significantly enhances Robinhood's crypto business by adding over 50 licenses and registrations, alongside a robust institutional client base. Bitstamp, known for its strong institutional presence, serves more than 5,000 institutional clients and 50,000 retail users, with institutional trading accounting for the majority of its volume. The acquisition marks a substantial expansion of Robinhood's crypto operations across Europe, the UK, and Asia. Robinhood has indicated that further acquisitions in the crypto space remain a possibility as it continues to grow its global footprint.