Robinhood acquires Bitstamp due to its possession of over 50 licenses in markets such as Europe

ChainCatcher news, according to Fortune magazine, Robinhood announced the acquisition of the cryptocurrency exchange Bitstamp for $200 million. This deal not only allows Robinhood to gain 4 to 5 million new cryptocurrency customers, but another important reason for Robinhood to execute this acquisition is to take over more than 50 licenses that Bitstamp holds in Europe and globally.