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Robinhood (HOOD) to Buy Bitstamp, Accelerate Global Expansion
HOODRobinhood(HOOD) ZACKS·2024-06-07 12:36

Founded in 2011, Bitstamp operates in multiple regions, including Luxembourg, the U.K., Slovenia, Singapore and the United States, and holds more than 50 active licenses and registrations globally. Accelerating Global Expansion This strategic move aligns with Robinhood's broader goal to become a comprehensive financial services provider by leveraging Bitstamp's established market position and regulatory approvals. Hence, the deal to acquire Bitstamp is part of its global expansion initiatives. A key highlig ...