☕ Robinhood Acquires Bitstamp!

Get the latest crypto market update before it hits the mainstream news

3insiders | Market Research Team
June 03, 2025

Today's Insiders ⬇️

Classover's New $500M Deal to boost Solana Treasury
Ripple's RLUSD stablecoin gets regulatory clearance in Dubai
Robinhood Acquires Bitstamp for $200M!

Market Update

Market	Value	Day PnL	YTD
Bitcooin	$105,281	+0.62%	+52%
Ethereum	$2,616	+5.41%	-31%
Solana	$160	+4.23%	-3.13%
XRP	$2.20	+2.12%	+323%
S&P 500	$5,935	+0.41%	+0.92%
Gold	$3,356	-0.73%	+27.90%

1. Classover's New $500M Deal to boost Solana Treasury

$500M Solana Deal: Classover Holdings signed a $500M deal with Solana Growth Ventures to build a SOL-based treasury and run validator nodes.
80% Proceeds for SOL: 80% of the funds will be used to buy Solana, raising the total reserve target to $900M.
Strategic Crypto Shift: Classover joins other public firms shifting to crypto reserves during tough market conditions.

Conclusion: Classover Holdings has secured a $500 million deal to create a Solana treasury reserve, allocating 80% of proceeds to SOL purchases. This increases its total financing capacity for the Solana treasury to $900 million.

Top Crypto Insider Pick of 2025

BlockchainFX (BFX) is redefining crypto trading.

BlockchainFX ($BFX) has grown rapidly and is quickly becoming a favorite among crypto investors looking for the next big insider pick. As the first true crypto super app, it offers a unified platform to trade crypto, stocks, forex, and more, unlocking massive upside potential.

The new platform bridges the gap between cryptocurrency and traditional financial markets, making it possible for users to trade a wide range of digital assets, including cryptocurrencies, forex, commodities, indices, and stocks.

The backstory: BlockchainFX was born out of the need to solve the problem of trading fragmentation deeply rooted in the global finance landscape.
Exclusive Benefits: Includes a custom BFX Visa Card (available only during presale) and a built-in reward system that provides daily passive income in BFX and USDT.

Symbol	Current Price	Funding & Growth
$BFX	$0.0145 (Presale) $0.05 (Launch Price)	The BlockchainFX presale is fast approaching the $2.5M funding milestone.

Conclusion: BlockchainFX ($BFX) is redefining crypto trading. It’s the first exchange that connects blockchain with global finance. Think Binance, but with access to over 500 assets, on a single platform built for the future of finance and trading.

The presale is gaining strong momentum, with nearly $2.5 million already raised. At just $0.0145 per token, BFX offers more than just growth potential, holders earn a share of trading fee revenue and receive daily USDT rewards, even before launch.

2. Ripple's RLUSD stablecoin gets regulatory clearance in Dubai

Ripple's RLUSD Approved in Dubai: Ripple's RLUSD stablecoin has gained approval from the Dubai Financial Services Authority (DFSA).
Enterprise-Grade Features: Backed 1:1 by reserves and audited frequently, RLUSD offers cheaper payments, faster settlements, and regulatory clarity.
Ripple's Regional Expansion: Ripple is integrating RLUSD into Dubai's financial hub, partnering with the Dubai Land Department to tokenize property deeds on the XRP Ledger.

Conclusion: Ripple’s RLUSD stablecoin is now approved in Dubai by DFSA and NYDFS. Ripple plans to boost cross-border payments and work with local partners to tokenize real estate.

3. Robinhood completes Bitstamp ownership in $200M acquisition deal

Robinhood Acquires Bitstamp: Robinhood finalized a $200M cash acquisition of crypto exchange Bitstamp, adding over 50 licenses with crypto presence in Europe, the UK, and Asia.
Institutional Growth and Integration: Bitstamp brings 5,000 institutional clients and $95M in annual revenue.
Future Crypto Focus: Robinhood aims to expand into tokenizing private equities, enabling investors to buy shares in private firms like OpenAI and SpaceX quickly and efficiently.

Conclusion: Robinhood acquired Bitstamp for $200M, enhancing its crypto presence across Europe, the UK, and Asia. The deal also adds 5,000 institutional clients and allows Robinhood to expand into tokenization.

That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.

Till next time,

3Insiders Team