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Announced

Robinhood to acquire Bitstamp from NXMH for $200m.

Synopsis

Robinhood, an American financial services company, agreed to acquire Bitstamp, a global cryptocurrency exchange, from NXMH, a private equity firm, for $200m. “As the world’s longest running cryptocurrency exchange, Bitstamp is known as one of the most-trusted and transparent crypto platforms worldwide. 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, Bitstamp CEO.

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