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

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

Notably, major U.S. exchanges Coinbase, Gemini and Kraken support XRP’s trading services, having relisted it for trading following Ripple’s legal victory against the U.S. Securities and Exchange Commission (SEC) about a year ago. Despite the ruling that XRP is not a security, Robinhood has continued 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 has said it may support buying and selling XRP and 50 other tokens in the future.

Meanwhile, the XRP Army believes 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 rich crypto trading operations 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 supporting 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, given that Bitstamp already facilitates XRP trading, Vet suggested that Robinhood could likely seamlessly continue this practice.

Further boosting optimism regarding XRP and Ripple’s stablecoin listing, Bitstamp holds more than 50 active licenses and registrations around the world, providing Robinhood with ample regulatory clarity to continue supporting XRP following the acquisition.

Other community members are also optimistic about the potential for XRP listing, attributing this to Ripple’s interest in Bitstamp. Pseudonymous 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 highlighted that XRP and Ripple’s stablecoin have great listing opportunities thanks to Bitstamp’s support for XRP Ledger.

Meanwhile, crypto detective Mr. Huber is pessimistic. Reacting to the impending acquisition, he suggested that Robinhood might delist XRP from Bitstamp’s platform if the deal goes through.

Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may contain the personal opinions of the author and do not necessarily reflect the views of The Crypto Basic. Readers are advised to conduct in-depth research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.