Robinhood to acquire Canada’s WonderFi for $179M in global crypto push

Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for approximately 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence. The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 press release. WonderFi operates two of Canada’s longest-standing regulated crypto trading platforms, Bitbuy and Coinsquare, managing over 2. 1 billion Canadian dollars in assets under custody source: https://cointelegraph.com/news/robinhood-to-acquire-wonderfi-179m-global-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound