Robinhood to acquire Canada’s leading retail crypto platform in $178M deal
- Robinhood agrees to acquire WonderFi for $178M in cash, gaining control of one of Canada’s largest regulated crypto platforms.
- The deal adds $2.1B CAD in assets under custody to Robinhood’s ecosystem.
- This acquisition marks Robinhood’s latest global expansion move, following its $200M Bitstamp deal in 2024.
Robinhood will acquire WonderFi for $178 million in cash, marking its formal entry into Canada’s regulated crypto market.
Robinhood adds C$2.1B in custodied assets through WonderFi acquisition
Robinhood Markets, Inc. has entered into a definitive agreement to acquire Canadian digital asset firm WonderFi Technologies Inc. for approximately $250 million Canadian Dollar (USD178 million) in cash.
The deal brings…
