Robinhood to Acquire Canadian Crypto Platform WonderFi

Financial technology firm Robinhood has announced an agreement to acquire the Canadian crypto platform WonderFi. This strategic move will allow Robinhood to expand its presence in the Canadian market and leverage WonderFi’s expertise and assets. The acquisition comes as part of a broader trend of mergers and consolidations within the cryptocurrency sector, with Robinhood seeking to bolster its international portfolio and reach new audiences.