Robinhood’s $ 200 million BitTamp deal receives it out of retail trade

Definitely Officially bought $ 200 million Bittampbrings one of the longest runways in the world kriptovurr The stock exchanges are folded and gives a strategic sliding signal to the world of retail trade and institutions.

Last year, the first announced cash agreement, Roberthood’s immediate international traces, including more than 50 active crypters, as well as an established institutional customer base, was not long-term in retail trade.

For consent, the transaction requires deeper waters, institutional crypters, lending and organeged investment in infrastructure, loans and “crypto-as-a-service” products, fintechs and registered investment advisers, prices for prices and resolutions.

“I would not necessarily call it a Pivot, “Robinhood told CRYPTO General Manager Johann Kerbrat CNBC.” Combines the strengths of the two enterprises for us. We are one of the largest retail market places in the United States … We will be able to enter this space, like order books, crypters, developed APIs and lending and scratch. “

In 2018, Robinlik, who has launched a Crypto trade and dragged the mania in 2021, in recent months, the financial, institutional capital and Shars-border competition, in the next stage, established himself as a serious player in the next stage.

“We are now starting to see the clarity of the arrangement from Congress and management, and the most organization will want to enter crypto.”

The BitTamp deal gives him a start starter.

Founded in 2011, the BitTamp is known in deep liquidity, suitable reputation and minimalist approach. In the absence of perplexed, the Bittamp broadcast a lot of market periods and established a long time with institutional partners within Europe and Asia – the artist plans to use something.

This month agoRobinism was also obtained The Canadian Crypto company Wonderfi Canada to hit the built-in user base.

“Robinism is a market. It does not match orders. And with the BitTamp, we will have a solid product that really allows you to develop more on an active trader and developed trader.”

“It will be a big step for us and we will really be a voyage in the United States, but for a global sacrifice, we will really diversify our cryptist.”

In addition, Rabisahate gives Europe a regulatory regulation, where Crypto rules are compared to the fragmented approach in the United States

The company confirmed that when examining the deeper integration over time, the existing interface and operations of the BitTamp will keep their existing interface and operations so far. BitTamp, Robinhood’s Institutional Web Platform, RobinHood Ledger is used behind the scenes to smart order by RobinHood’s institutional web platform.

“The flow of the flow we sent to BitTamp will be more vibrant – and more institution will attract.”

The procurement is closed to a critical moment for robbing.

The Fintech player continued aggressively, including new verses, Start a saxand a shower of international products. BitTamp’s regulatory road record and licensing portfolio can offer insulation size, because Robinight increases new international markets.

Kerbrat said he did not rule out the possibility of other purchases.

“If we can find a way to accelerate at least 18 months or two years – and we have a great reason to believe that this is a great purchase – it is something we will definitely see,” he said.