According to Foresight News , Bitstamp Global Chief Commercial Officer Bobby Zagotta said in an interview with The Block at the Token2049 conference in Singapore that Bitstamp is looking to expand its institutional business in Australia, and the company sees the potential to serve Asian institutional clients. Bobby Zagotta said, "Hong Kong and Singapore are our main markets... Our business in Australia is also growing. In 2024, we identified Australia as a specific region we want to focus on. From a revenue perspective, Asia currently accounts for 20% of its global business, while Europe accounts for about 65%."
Previously, Robinhood announced in June that it planned to acquire Bitstamp for $200 million, which is expected to be completed in the first half of 2025.
