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Robinhood is expanding its crypto footprint by acquiring WonderFi, a Canadian crypto leader backed by Shark Tank’s Kevin O’Leary. The $179 million deal is set to close by mid-year, with WonderFi continuing its operations post-acquisition.
- Robinhood acquires WonderFi for $179M, expanding its crypto services in Canada.
- WonderFi CEO Dean Skurka highlights shared goals of crypto accessibility with Robinhood.
- The deal follows Robinhood's recent SEC investigation closure without enforcement actions.
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