by: xpoolPosted on:

Robinhood Acquires WonderFi for $178 Million, Expanding into Canada’s Crypto Market

Financial services company Robinhood has announced the acquisition of Canadian crypto leader WonderFi Technologies Inc., valued at approximately USD 178 million (CAD 250 million). This deal marks Robinhood’s official entry into Canada’s regulated digital asset market. The acquisition brings over C$2.1 billion in assets under custody to Robinhood’s ecosystem and integrates two prominent Canadian crypto platforms, Bitbuy and Coinsquare, into its international portfolio.

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