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Robinhood is acquiring Canadian crypto firm WonderFi for $179 million in cash, marking a strategic move to expand its global crypto footprint. The deal, expected to close in late 2025, includes two of Canada’s top regulated crypto platforms.
- Robinhood’s acquisition of WonderFi includes Bitbuy and Coinsquare, two major Canadian crypto exchanges.
- The $179M all-cash deal aims to strengthen Robinhood’s global crypto market presence.
- WonderFi’s platforms manage over $2.1B in assets, offering trading, staking, and custody services.
📎 Related coverage from: cointelegraph.com