Two prominent US fintech companies, Robinhood and Coinbase, are making significant inroads into the Canadian crypto landscape as part of their international expansion strategies. Robinhood acquired WonderFi, a company that owns two leading regulated crypto platforms in Canada (Bitbuy and Coinsquare), for $179 million. This move signals Robinhood’s commitment to establishing itself in the Canadian market and providing access to a more inclusive and efficient financial system through cryptocurrencies. Coinbase is also investing in Stablecorp, a Canadian fintech firm that develops QCAD, a stablecoin pegged to the Canadian dollar, with a goal of boosting adoption. 2024 has seen increased investment from major players like Robinhood and Coinbase for crypto-related services as they look to capitalize on the growing demand for digital currencies.