Quick Breakdown
- Bitstamp beats Robinhood: $14.4B in August volumes versus Robinhood’s $13.7B.
- Tokenization focus: Bitstamp to anchor Robinhood’s real-world asset strategy.
- Robinhood milestones: S&P 500 debut and new Layer 2 tokenization network in EU.
Bitstamp surpasses parent in trading activity
Less than three months after being acquired, Bitstamp by Robinhood has overtaken its parent platform in crypto trading volumes. The Luxembourg-based exchange recorded a 21% rise in August volumes to $14.4 billion, outpacing Robinhood’s $13.7 billion, which slumped 18% month-on-month.
According to Robinhood’s Thursday report, its crypto volumes have been declining since late 2024, except for a brief uptick in July. Robinhood’s $200 million takeover of Bitstamp on June 2 added 5,000 institutional clients and 50,000 retail customers to its base.
Integration and tokenization strategy
Bitstamp is now fully integrated with Robinhood Legend and the company’s Smart Exchange Routing system, enabling smoother trading between the platforms. Despite combined trading volumes dipping 2.1% from July, Robinhood’s total assets rose 2% to $304 billion, including $41 million in crypto.
Executives say Bitstamp will be central to Robinhood’s ambitions in the real-world asset tokenization market, particularly as institutional adoption deepens.
Market conditions hold back Robinhood
The broader crypto market stayed flat in August, with prices ending nearly unchanged. Analysts suggest Robinhood’s weaker performance reflects seasonality effects and the North American summer lull.
“Trading has been relatively quiet as markets await macro signals on interest rates,”
said Ryan McMillin, CEO of Merkle Tree Capital. He noted that the tug-of-war between Trump’s push for lower rates and Powell’s caution may shift in favour of cuts.
CK Zheng of ZX Squared Capital added that despite muted activity, crypto volumes are likely to climb, with expectations of new all-time highs before year-end, fueled by ETF-driven institutional demand.
Robinhood joins S&P 500 and expands offerings
This week, Robinhood joined the S&P 500 index, becoming one of the few crypto-active firms in America’s top benchmark. HOOD shares surged over 16% on the news.
In parallel, Robinhood has broadened its crypto ecosystem by launching a tokenization-focused Layer 2 blockchain for EU clients to trade U.S. stocks and rolling out perpetual futures in the EU with up to 3x leverage, routed through Bitstamp.
If you would like to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
