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Bitstamp in Talks to Raise Funds for Global Expansion, Plans to Launch Crypto Derivatives Trading in Europe Next Year

Bitstamp, a Luxembourg-based crypto exchange, is seeking to expand its services in Europe and Asia and is in talks to raise funds with the guidance of Galaxy Digital Holdings. The exchange plans to launch crypto derivatives trading in Europe next year and increase its operations in the UK. Bitstamp's CEO, Jean-Baptiste Graftieaux, clarified that the company is not for sale but is looking to raise money through strategic investors to accelerate its growth. Bitstamp is currently the seventh-largest exchange globally with a valuable BitLicense that allows its American unit to operate in New York state.

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