Robinhood Markets (Robinhood) is looking to add Toronto-based WonderFi Technologies (WonderFi) to its cryptocurrency division.
“WonderFi has built a formidable family of brands serving beginner and advanced crypto users alike, making them an ideal partner to accelerate Robinhood’s mission in Canada,” Johann Kerbrat, SVP and GM of Robinhood Crypto, said in a joint news release.
“We look forward to partnering with the WonderFi team to deliver innovative, user-centric crypto products to Canadian customers.”
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The acquisition, valued at approximately $250 million, is expected to close during the second half of 2025 — pending regulatory approval.
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