A new crypto platform falls into the hands of an American owner. This week, it is indeed Bitstamp which is bought by Robinhood!
The United States is often considered, in the world of cryptocurrencies, as the big bad wolf, always investigating new cases against the large platforms. Binance, whose founder Chganpeng Zhao was recently sentenced to prison in this country, can attest to this. However, it is also paradoxically the country which has the most crypto platforms. A number which is only increasing, as this new operation once again shows.
A new owner for Bitstamp
Robinhood is still greedy. The American financial services company, which became known worldwide in 2021 at the time of the GameStop affair, has just announced a new acquisition.
It thus bought the cryptocurrency trading platform Bitstamp, at a price of 200 million dollars. “ Bitstamp holds over 50 active licenses and registrations worldwide and will bring customers from the European Union, United Kingdom, United States and Asia to Robinhood » was thus indicated by the American giant.
Binance and OKX are resisting
With this purchase, an important new platform joins the American ecosystem in the field. Because the United States is home to many of the most popular platforms for European cryptonauts, such as, obviously, Coinbase, Kraken, or even for those who like small-cap cryptos, gate.io.
Bitstamp for its part is a company based in Luxembourg, and which was founded by the Frenchman Jean-Baptiste Graftieaux. Robinhood has been invested in the world of cryptocurrencies since the Covid crisis, and represents a very popular alternative to traditional platforms in the United States thanks to its very easy-to-use interface and the security guarantee that normally accompanies its services. Finally, it should be noted that with this purchase, Europe loses the only significant platform existing on our old Continent.
Source : Stock Market Direct
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