NiftyNoon: Robinhood Doubles Down on Crypto as Bitstamp Acquisition Completes! 🪙🤝📈
Robinhood completes its $200 million all-cash acquisition of Bitstamp, expanding its crypto offerings to institutional clients and international markets (June 3, 2025)
Nifty Thought:
Robinhood has officially closed its $200 million all-cash acquisition of Bitstamp, the world's longest-running crypto exchange. This strategic move significantly expands Robinhood's crypto footprint beyond the U.S. into Europe, the U.K., and Asian markets, and introduces its first institutional crypto business. Bitstamp brings over 50 licenses and registrations globally, along with an established institutional client base of over 5,000.
This acquisition positions Robinhood to offer services like institutional crypto flows, lending, staking infrastructure, and white-label "crypto-as-a-service" products. Robinhood's CEO, Vladimir Tenev, highlighted the firm's focus on expanding into the real-world asset tokenization market, viewing it as a "huge unlock" for economic value within the crypto industry.
Highlighted News:
💟 Robinhood has completed its acquisition of Bitstamp—a major milestone in growing Robinhood Crypto:
https://x.com/johannkerbrat/status/1929633200164184520?s=46
📋 Spot trading for @HyperliquidX is coming soon to Binance.US:
https://x.com/binanceus/status/1929622945045139800?s=46
🚨 BitoPro recently experienced a cyberattack on an old hot wallet during a wallet system upgrade:
https://x.com/bitoex_official/status/1929476662120345863?s=46
🔷 @ethereumfndn Announcing Protocol:
https://x.com/ethereumfndn/status/1929619746716033511?s=46
🔗 With the closing of the $425 million private placement led by @Consensys, SharpLink will become the largest publicly traded ETH holder globally:
https://x.com/consensys/status/1929544997646336097?s=46
🎥 @Claynosaurz announce partnership with Mediawan Kids & Family, Europe’s leading animation franchise machine:
https://x.com/claynosaurz/status/1929545978199114097?s=46
Project and Community News:
US pauses tariffs on select Chinese goods until August 31st: https://x.com/watcherguru/status/1929631587047456821?s=46
Strategy today announced the launch of $STRD ("Stride"), a new perpetual preferred stock offering: https://x.com/saylor/status/1929635975367475403
@cz_binance claims now might be a good time for someone to launch a dark pool perp DEX: https://x.com/cz_binance/status/1929246168833229243?s=46
South Korea’s presidential candidates vow to legalize spot crypto ETFs, ease rules, and launch a won-backed stablecoin: https://x.com/coingecko/status/1929389945506202000?s=46
The SEC’s Shameful Abdication of its Investor Protection Mission Continues: https://x.com/JohnReedStark/status/1929219393868992681
HYPE outperforming all of the crypto majors - Up 5% and back to $35.80: https://x.com/tyler_did_it/status/1929657439613603909?s=46
James Wynn(@JamesWynnReal) unstaked 126,116 $HYPE($4.12M) and sold all of them at $32.7 just now: https://x.com/lookonchain/status/1929417436136419502?s=46
$ENA has been added to the @coinbase asset roadmap, with the launch of trading to be launched shortly: https://x.com/ethena_labs/status/1929653671610274082?s=46
After losing $100m perps trading, James Wynn has now opened a donation wallet: https://x.com/vohvohh/status/1929540661340000354?s=46
Someone sent James Wynn $1 USDC from 24 different accounts, speculating on a potential upcoming token: https://x.com/arkham/status/1929609783285321962?s=46
Participants in the “Dinner With Trump”, your $TRUMP NFTs are now in your wallet: https://x.com/gettrumpmemes/status/1929685355554390472?s=46
Introducing @donatedotgg - an onchain giving protocol, allowing users to give crypto the way they want to the causes they care about: https://x.com/donatedotgg/status/1929606865127715046
@FalconXGlobal announce strategic investment in @monarq_mgmt (formerly MNNC Group), a multi-strategy digital asset investment manager: https://x.com/falconxglobal/status/1929620880461619585?s=46
Tyler Hobbs will debut his latest series at @artmetaofficial Digital Art Mile in partnership with @LaCollectionOff: https://x.com/tylerxhobbs/status/1929542414642901080?s=46
The Moonbirds floor continues to tear higher, now at 0.92 ETH. The market is loving the new @spencer energy: https://x.com/punk9059/status/1929668862972178822?s=46
@deekaymotion’s “Day and Night” auctions closed for a total of 34.03 ETH ($86,570): https://x.com/nowmedia/status/1929305391340396658?s=46
The Death of InfoFi: https://x.com/vohvohh/status/1929691412771074479?s=46
Episode 5 of The Meebits Podcast with @thinkagents is now live:
https://x.com/meebitsnfts/status/1929538499394572358?s=46
The 16 PUNKS that started it all - the @punkscomic fractional vault auction is live: https://x.com/gfunkera86/status/1929563981468819712?s=46
Matriarchicon sold from @BobLoukas to @AdamWeitsman for 120Ξ ($301,200 USD): https://x.com/botofluci/status/1929619522191085742?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 575.32 ETH (▲ 36.32%)
🌊 OpenSea ETH Daily Volume: 805.06 ETH (▼ 1.57%)
🟠 BTC : $105,361.53 (▲ 1.17%)
🔷 ETH: $2,606.91 (▲ 4.70%)
🟣 Solana: $161.09 (▲ 4.68%)
🟪 Polygon: $0.22 (▲ 1.59%)
Top NFT Sales:
CryptoPunks #5581: 48.00 ETH
CryptoPunks #3716: 47.45 ETH
CryptoPunks #5322: 46.50 ETH
NFT Daily Winners:
🧦 Bitcoin Puppets: 0.04 BTC (▲ 21.11%)
🍭 Mocaverse: 1.51 ETH (▲ 8.56%)
💼 Ordinal Maxi Biz: 0.02 BTC (▲ 6.93%)
🦧 Bored Ape Yacht Club: 13.29 ETH (▲ 1.06%)
🐵 NodeMonkes: 0.03 BTC (▲ 0.66%)
🐧 Pudgy Penguins: 9.55 ETH (▲ 0.52%)
NFT Daily Losers:
🧙♂️ Taproot Wizards: 0.18 BTC (▼ 0.06%)
👩🏻 Milady Maker: 2.58 ETH (▼ 0.16%)
👾 Tensorians: 2.83 SOL (▼ 0.33%)
🚬 CryptoPunks: 45.48 ETH (▼ 0.59%)
⛩ Azuki: 2.11 ETH (▼ 1.07%)
🐱 Quantum Cats: 0.03 BTC (▼ 3.11%)
😡 Mad Lads: 35.23 SOL (▼ 4.06%)
🏳🌈 Chromie Squiggles: 4.49 ETH (▼ 4.47%)
🏴☠ Captainz: 0.38 ETH (▼ 4.54%)
Notes:
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