Group 1 - Robinhood has completed a $200 million acquisition of Bitstamp, marking a strategic shift from retail to institutional trading in the cryptocurrency sector [1] - The acquisition provides Robinhood with over 50 active cryptocurrency licenses across Europe, the UK, and Asia, along with a mature institutional client base [1][2] - The deal allows Robinhood to enhance its offerings in institutional cryptocurrency liquidity, lending, and staking infrastructure, as well as white-label "crypto-as-a-service" products [1] Group 2 - Bitstamp, established in 2011, is known for its strong liquidity and compliance reputation, having built long-term partnerships with institutional clients in Europe and Asia [2] - Robinhood's recent acquisition of Canadian crypto company WonderFi aims to tap into the existing user base in Canada [3] - The company is open to further acquisitions to accelerate its growth in the cryptocurrency space, potentially advancing its capabilities by 18 months to two years [3]