According to @StockMKTNewz, Robinhood $HOOD CEO Vlad Tenev announced that the acquisition of BitStamp marks the beginning of Robinhood's global institutional crypto business, already serving over 5,000 institutional customers at this early stage. This strategic move significantly expands Robinhood's footprint in institutional digital asset trading and signals increased competition with established crypto exchanges. Traders should monitor potential increases in trading volume and liquidity for major cryptocurrencies as Robinhood integrates BitStamp’s institutional customer base. Source: @StockMKTNewz on Twitter, June 9, 2025.