The retail trading giant soared to a four-year high after completing its acquisition of crypto exchange Bitstamp.
The company’s shares are up over 90% this year, fueled by robust trading revenues and growing investor confidence.
Robinhood
Markets shares (NASDAQ: HOOD) soared to their highest level in four years on
Tuesday, buoyed by investor enthusiasm following the company’s completed
acquisition of cryptocurrency exchange Bitstamp.
Robinhood Stock Hits
Four-Year High After Bitstamp Acquisition
The stock
climbed 5.5% on the Nasdaq, closing at $71.72, its strongest finish since 2021
and just below the all-time highs set shortly after Robinhood’s initial public
offering. Intraday, the shares touched $72.72 as trading volumes surged.
Today in
pre-market trading, the share price is also posting a modest gain, rising 0.25%
to $71.90.
Robinhood stock price today. Source: Stooq.com
Robinhood finalized
the Bitstamp deal late Monday, marking a significant expansion of its
crypto business. The acquisition grants Robinhood access to over 50 active
licenses and a broad customer base across the European Union, United Kingdom,
United States, and parts of Asia. The move also brings Robinhood into the
institutional crypto market for the first time, broadening its offerings beyond
retail investors.
“The
acquisition of Bitstamp is a major step in growing our crypto business.
Bitstamp’s highly trusted and long-standing global exchange has shown
resilience through market cycles,” Johann Kerbrat, General Manager of Robinhood
Crypto, commented. “By seamlessly coupling customer experience with safety
across geographies, the Bitstamp team has established one of the strongest
reputations across retail and institutional crypto investors.”
Bitstamp Purchase Details
The
acquisition comes as Robinhood’s financial performance continues to outpace
broader market trends. The brokerage reported that first-quarter profit more
than doubled from a year earlier, driven by a 77% surge in revenue from
customer trades. Robinhood shares have now advanced over 90% since the start of
the year, defying wider market volatility.
JB Graftieaux, CEO of Bitstamp, Source: LinkedIn
Bitstamp,
founded in 2011, is recognized for its deep order books, robust API
infrastructure, and a suite of institutional services including
crypto-as-a-service, lending, and staking.
“Bringing
Bitstamp’s platform and expertise into Robinhood’s ecosystem will give users an
enhanced trading experience with a continuing commitment to compliance,
security, and customer-centricity,” JB Graftieaux, CEO of Bitstamp, added.
The
Bitstamp deal is expected to further solidify Robinhood’s position in the
fast-evolving digital asset landscape, as the company continues to diversify
its offerings and expand internationally.
Why Is Robinhood Stock Up
Today?
Robinhood’s
stock surged today primarily due to the completion of its acquisition of
Bitstamp, a move that significantly expands the company’s presence in the
global and institutional cryptocurrency markets. Investors responded positively
to the news, sending shares up 5.5% to close at $71.72, their highest level
since 2021. The acquisition provides Robinhood with over 50 crypto licenses and
access to a broad customer base across multiple continents, positioning the
company to capitalize on growing demand for digital asset trading.
The rally
also reflects broader momentum in the cryptocurrency sector, with digital
assets like Bitcoin recently reaching record highs. Robinhood has benefited
from this resurgence, as increased trading activity has driven strong revenue
growth and helped the company recover from previous stock declines following
its IPO. Analysts have highlighted Robinhood’s ability to attract a new
generation of users and its ongoing expansion into new markets, such as Canada,
through additional acquisitions.
Robinhood
Markets shares (NASDAQ: HOOD) soared to their highest level in four years on
Tuesday, buoyed by investor enthusiasm following the company’s completed
acquisition of cryptocurrency exchange Bitstamp.
Robinhood Stock Hits
Four-Year High After Bitstamp Acquisition
The stock
climbed 5.5% on the Nasdaq, closing at $71.72, its strongest finish since 2021
and just below the all-time highs set shortly after Robinhood’s initial public
offering. Intraday, the shares touched $72.72 as trading volumes surged.
Today in
pre-market trading, the share price is also posting a modest gain, rising 0.25%
to $71.90.
Robinhood stock price today. Source: Stooq.com
Robinhood finalized
the Bitstamp deal late Monday, marking a significant expansion of its
crypto business. The acquisition grants Robinhood access to over 50 active
licenses and a broad customer base across the European Union, United Kingdom,
United States, and parts of Asia. The move also brings Robinhood into the
institutional crypto market for the first time, broadening its offerings beyond
retail investors.
“The
acquisition of Bitstamp is a major step in growing our crypto business.
Bitstamp’s highly trusted and long-standing global exchange has shown
resilience through market cycles,” Johann Kerbrat, General Manager of Robinhood
Crypto, commented. “By seamlessly coupling customer experience with safety
across geographies, the Bitstamp team has established one of the strongest
reputations across retail and institutional crypto investors.”
Bitstamp Purchase Details
The
acquisition comes as Robinhood’s financial performance continues to outpace
broader market trends. The brokerage reported that first-quarter profit more
than doubled from a year earlier, driven by a 77% surge in revenue from
customer trades. Robinhood shares have now advanced over 90% since the start of
the year, defying wider market volatility.
JB Graftieaux, CEO of Bitstamp, Source: LinkedIn
Bitstamp,
founded in 2011, is recognized for its deep order books, robust API
infrastructure, and a suite of institutional services including
crypto-as-a-service, lending, and staking.
“Bringing
Bitstamp’s platform and expertise into Robinhood’s ecosystem will give users an
enhanced trading experience with a continuing commitment to compliance,
security, and customer-centricity,” JB Graftieaux, CEO of Bitstamp, added.
The
Bitstamp deal is expected to further solidify Robinhood’s position in the
fast-evolving digital asset landscape, as the company continues to diversify
its offerings and expand internationally.
Why Is Robinhood Stock Up
Today?
Robinhood’s
stock surged today primarily due to the completion of its acquisition of
Bitstamp, a move that significantly expands the company’s presence in the
global and institutional cryptocurrency markets. Investors responded positively
to the news, sending shares up 5.5% to close at $71.72, their highest level
since 2021. The acquisition provides Robinhood with over 50 crypto licenses and
access to a broad customer base across multiple continents, positioning the
company to capitalize on growing demand for digital asset trading.
The rally
also reflects broader momentum in the cryptocurrency sector, with digital
assets like Bitcoin recently reaching record highs. Robinhood has benefited
from this resurgence, as increased trading activity has driven strong revenue
growth and helped the company recover from previous stock declines following
its IPO. Analysts have highlighted Robinhood’s ability to attract a new
generation of users and its ongoing expansion into new markets, such as Canada,
through additional acquisitions.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
73% of Young Investors Say Traditional Wealth Building Is Broken – Here’s How They Trade Instead
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
