Robinhood Acquires WonderFi, Expands Crypto Services in Canada

Online investing platform Robinhood has agreed to purchase Canadian crypto platform WonderFi for C$250 million, signaling a significant expansion into the Canadian market. The acquisition is expected to close in the second half of 2025 and will integrate WonderFi’s existing platforms with Robinhood’s offerings, bolstering its presence in the burgeoning crypto industry. This strategic move positions Robinhood to benefit from Canada’s growing interest in cryptocurrency.