Robinhood Completes Acquisition of Canada’s WonderFi

Robinhood finalizes WonderFi acquisition, gaining access to Canadian crypto infrastructure.

Online broker Robinhood has finalized the acquisition of Canadian crypto company WonderFi. The deal’s closure was confirmed on June 1. Through WonderFi, the company gains access to regulated crypto infrastructure in Canada, including platforms Bitbuy, Coinsquare, and Bitcoin.ca. The transaction was valued at 250 million Canadian dollars.