Robinhood May Finally List XRP After Acquiring This Exchange That Supports XRPL

Prominent figures in the XRP community have become increasingly optimistic about the possibility of XRP being listed on U.S. exchange Robinhood, which is known for its strict listing policies.

Notably, leading U.S. exchanges Coinbase, Gemini, and Kraken supported XRP’s trading services and relisted it after Ripple won its lawsuit against the SEC about a year ago. Despite the ruling that XRP is not a security, Robinhood continues to distance itself from XRP.

Currently, Robinhood only supports real-time market data for XRP. The service is available for more than 50 crypto assets that the exchange does not approve for trading, including BNB, Cardano (ADA), and Solana (SOL). Robinhood said it may add support for buying and selling XRP and 50 other tokens in the future.

Meanwhile, XRP legions believe that day is now closer than expected as Robinhood announced plans to acquire Bitstamp, a global crypto exchange that supports XRP.

According to the official notice, Robinhood’s acquisition of Bitstamp will integrate Bitstamp’s extensive crypto exchange business into Robinhood’s platform, serving retail and institutional customers in the UK, US, EU, and Asia.

The transaction is expected to close in the first half of 2025, subject to satisfaction of standard closing conditions and receipt of necessary regulatory approvals.

Notably, arguments in favor of XRP’s potential listing on Robinhood following this acquisition include Bitstamp’s strong support for the XRP Ledger. For example, Bitstamp has issued stablecoins in USD, EUR, JPY, GBP, AUD, and CHF on the XRP Ledger.

XRPL dUNL validator Vet highlighted this point after the acquisition news was announced. He noted that Robinhood will inherit the technical infrastructure needed to list tokens issued on XRPL.

Furthermore, considering that Bitstamp already facilitates XRP trading, Vet suggested that Robinhood could potentially continue this practice seamlessly.

Optimism about the listing of XRP and Ripple’s stablecoin is further enhanced by the fact that Bitstamp has more than 50 active licenses and registrations around the world, providing Robinhood with enough regulatory clarity to continue supporting XRP after the acquisition.

Other community members are also optimistic about the potential of XRP listing due to Ripple’s stake in Bitstamp. Anonymous community member XRP DROPZ believes that through this acquisition, Robinhood may even list Ripple’s upcoming RLUSD stablecoin.

Echoing this sentiment, the XRPL dUNL validator stressed that there is a high chance of XRP and Ripple stablecoin being listed due to Bitstamp’s support for the XRP Ledger.

Meanwhile, crypto detective Mr. Huber was less optimistic. Reacting to the impending acquisition, he suggested that Robinhood might remove XRP from Bitstamp’s platform during the transaction.

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