In a bold move, popular investment platform Robinhood has announced its acquisition of Bitstamp, a leading cryptocurrency exchange. This strategic move aims to expand Robinhood's offerings to cater to institutional investors in the US, despite the company's recent regulatory challenges. The $200 million deal comes in the wake of Robinhood receiving a Wells notice from the Securities and Exchange Commission (SEC) in May, adding an air of uncertainty to the acquisition. However, with both companies boasting a strong track record in the crypto market, this partnership has the potential to shake up the institutional trading landscape in the US.