Slaughter and May advised Robinhood on the UK regulatory aspects of its acquisition of Bitstamp

Slaughter and May advised on the UK regulatory notifications and approval for the acquisition by Robinhood Markets, Inc. (“Robinhood”) of Bitstamp Limited (“Bitstamp”), valued at approximately $200 million. In June 2024, Robinhood announced that it had entered into an agreement to acquire Bitstamp. Following approval from regulators the transaction completed on 2 June 2025.

The acquisition expands Robinhood’s cryptocurrency trading business, with retail and institutional customers across the EU, UK, US and Asia. Bitstamp was founded in 2011, and offers cryptocurrency trade execution, crypto-as-a-service, institutional lending and staking. The acquisition expands Robinhood’s customer base and product offering, and supports Robinhood’s ongoing global expansion.

Slaughter and May’s work involved advising on UK regulatory aspects of the share purchase agreement, assisting Robinhood in engaging with the Financial Conduct Authority, and securing UK regulatory approval for the acquisition.