Robinhood Enters Canada’s Crypto Market with $178M WonderFi Acquisition

Robinhood Markets, Inc. has announced the acquisition of Canadian crypto leader WonderFi Technologies Inc. for approximately USD 178 million (CAD 250 million) in an all-cash transaction. The move marks Robinhood’s official entry into Canada’s regulated digital asset market. The acquisition brings more than C$2.1 billion in assets under custody into Robinhood’s ecosystem and adds two of […]