Home Bitstamp Overtakes Robinhood In August Crypto Trading Volumes

Bitstamp Overtakes Robinhood In August Crypto Trading Volumes

Share
News
Bitstamp Overtakes Robinhood In August Crypto Trading Volumes
Share

Bitstamp, recently acquired by Robinhood for $200 million, has overtaken its parent’s crypto trading volumes just three months after the deal. According to Robinhood’s report, Bitstamp processed $14.4 billion in trades in August, up 21% from July, while Robinhood’s own volumes fell 18% to $13.7 billion.

The acquisition added over 5,000 institutional clients and 50,000 retail users to Robinhood’s base, helping drive activity. Bitstamp now plays a central role in Robinhood’s expansion into real-world asset tokenization, with integration into Robinhood Legend and its Smart Exchange Routing system allowing smoother cross-platform trades.

While combined trading volumes of both firms slipped 2.1% from the prior month, Robinhood’s total assets rose 2% to $304 billion, including $41 million in crypto. The performance underscores how Bitstamp could become a cornerstone of Robinhood’s broader crypto ambitions.

By leveraging Bitstamp’s institutional strength, Robinhood is positioning itself to compete more aggressively in digital assets and tokenized financial products.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

News
Binance Holds 87% Trump-affiliated USD1

Binance Holds 87% Trump-affiliated USD1 Stablecoin Faces Scrutiny

KEY TAKEAWAYS Binance holds about 87% of all USD1 coins, which is much more than any other big stablecoin on one exchange....

News

Bitcoin Correction Deepens As ETFs Bleed $500M+ & Market Fear Spikes

Key Takeaways Bitcoin price is under pressure and is trading around $69,000–$70,000, making investors worried. Bitcoin hit a strong wall at $71,000,...

News

Binance Adds 4,225 Bitcoin To SAFU Fund To Boost User Protection

In order to bolster its reserve for safeguarding user cash, Binance has added 4,225 Bitcoin, or about $300 million, to its Secure...

News

ENS Drops Namechain L2 Plan As Ethereum Scaling Improves

Ethereum domain provider Ethereum Name Service has abandoned plans to launch its own layer-2 network, Namechain, citing major improvements in Ethereum’s base-layer...

Latest Blogs

Best Low-Price MemeCoins With High Potential in 2026

Seeking the best low price memecoins to buy in 2026?  As the crypto space continues to evolve, the pursuit of cheap memecoins...

How USDT, USDC & New Stablecoins Are Replacing Banks Worldwide

A payment system that was quick, efficient, could transfer funds across borders seamlessly that too without a typical bank just with a...

Stablecoins vs Banks: Who Controls Money in 2026?

The matter of who has more control over money- Stablecoins vs banks has now moved to a real world discussion from just...

Exclusive Interview: John Dagostino on India’s Crypto Future

In a world where digital assets are quickly moving from the periphery of finance to the very heart of the global infrastructure,...

Related Articles

Best Low-Price MemeCoins With High Potential in 2026

Seeking the best low price memecoins to buy in 2026?  As the...

How USDT, USDC & New Stablecoins Are Replacing Banks Worldwide

A payment system that was quick, efficient, could transfer funds across borders...

Stablecoins vs Banks: Who Controls Money in 2026?

The matter of who has more control over money- Stablecoins vs banks...

Exclusive Interview: John Dagostino on India’s Crypto Future

In a world where digital assets are quickly moving from the periphery...