Robinhood enters Canada with $179M WonderFi acquisition amid crypto consolidation

14-5-2025 – California’s Robinhood Markets has unveiled plans to acquire Canadian cryptocurrency firm WonderFi in a landmark $178. 98 million deal. The transaction marks Robinhood’s inaugural foray into the Canadian market, positioning the commission-free trading platform to challenge established players like Coinbase and Wealthsimple Crypto. The agreement values WonderFi shares at 36 Canadian cents each, representing [ source: https://www.cointrackdaily.com/robinhood-enters-canada-with-179m-wonderfi-acquisition-amid-crypto-consolidation/