Robinhood to Acquire Canadian Crypto Firm WonderFi for $179M

Robinhood Markets (HOOD), the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million.The all-cash acquisition values WonderFi at 36 Canadian cents per share, a 41% premium over its closing price prior to the announcement.“WonderFi has built a formidable family of brands serving beginner and advanced crypto users alike, making them an ideal partner to accelerate Robinhood’s mission in Canada,” said Johann Kerbrat, SVP and GM of Robinhood Crypto, in the official announcement source: https://www.coindesk.com/business/2025/05/13/robinhood-to-acquire-canadian-crypto-firm-wonderfi-for-usd179m