News View Non-AMP

SEC Notice? No Problem! Robinhood Moves Forward with Bitstamp Acquisition, Crypto Futures

Published by
Zafar Naik

It might be time to forget about those stocks and options! Robinhood is making a major crypto move with a $200 million acquisition of Bitstamp. But that’s not all – they’re setting their sights on a whole new market: cryptocurrency futures, potentially expanding its offerings in both the U.S. and Europe.

Phew, this promises to be a game-changer for sure.

Here’s all you should know.

Expanding Horizons with Bitstamp’s Licenses

Robinhood plans to leverage Bitstamp’s licenses to offer perpetual futures in Europe. According to anonymous sources, the commission-free trading app also intends to launch CME-based futures in the U.S. for Bitcoin and Ether. Despite the importance of these plans, Robinhood is not in a rush to implement them immediately, according to one of their spokespersons.

Earlier this year, Robinhood acquired a futures broker license from Marex. Despite receiving a Wells notice from the SEC, indicating potential enforcement action, the company has continued to broaden its crypto strategy and offerings. This expansion comes on the heels of a strong earnings report in the first quarter, although the Wells notice highlights the ongoing regulatory scrutiny the company faces.

Stepping into a Competitive Market

Robinhood’s entry into the derivatives market could intensify competition with established players like Coinbase Global Inc., which already offers derivative services. The global crypto derivative market significantly surpasses the spot market in volume, with recent reports indicating that while the spot market trading volume on centralized exchanges was $1.58 trillion, the monthly derivative volume reached $3.69 trillion.

The approval of the U.S. Bitcoin ETF has further increased the demand for futures, suggesting that Robinhood’s potential offerings could attract a new segment of crypto traders.

Looking Ahead: Potential and Challenges

Despite the SEC’s Wells notice, Robinhood remains committed to finalizing the $200 million Bitstamp acquisition early next year. This strategic move underlines their ambition to enhance their market presence in both the U.S. and Europe through derivative offerings.

In summary, Robinhood’s acquisition of Bitstamp and its foray into the crypto futures market represent a bold expansion strategy, aiming to capitalize on the growing demand for derivatives while navigating regulatory challenges.

Read Also: Is Binance planning to quit the Turkey market?

Zafar Naik

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Recent Posts

Pump.fun Plans to Raise $600M in Public Sale of PUMP Token: Is LetsBONK’s Success a Concern to Worry About?

After months of preparation, Pump.fun, a Solana (SOL)-based launchpad for memecoin, will conduct its initial…

July 8, 2025

U.S. SEC Delays Fidelity’s Solana ETF: But There is a Catch

The United States Securities and Exchange Commission (SEC) has delayed making a definitive decision on…

July 8, 2025

TON Foundation Confirms No Official Deal With UAE: Toncoin Down Over 5% Today

The Open Network (TON) Foundation, a nonprofit organization dedicated to the long-term success of the…

July 8, 2025

Key Factors Impacting Pi Network Price Today—Here’s What to Expect from the PI Price Rally

The recent decline in Pi Network (PI) price has raised questions among investors and developers…

July 8, 2025

Doge Price Analysis for July: Here’s Why $0.18, $0.21 & $0.36 are Key Levels to Monitor for the DOGE Price Rally

After multiple failed attempts, the Dogecoin price has marked the local highs close to $0.176,…

July 8, 2025

Pi Network Price Must Drop Below $0.40 To Trigger Rally, Here’s Why

Pi Network’s price momentum appears to be weakening, and it may soon fall below $0.40.…

July 7, 2025