Bitstamp, the global chief commercial officer Bobby Zagotta, said in an interview with The Block at the Token2049 conference in Singapore, that the company is looking to expand its institutional business in Australia. He sees potential in serving institutional clients in Asia. Zagotta stated, "Hong Kong and Singapore are our key markets... our Australian business is also growing. In 2024, we have 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 around 65%."

Previously in June, Robinhood announced plans to acquire Bitstamp for $200 million, with the deal expected to close in the first half of 2025.