Robinhood unveils acquisition of WonderFi for approximately $179M

#Robinhood acquired #WonderFi , a Canadian crypto trading platform, for around $179M. WonderFi's leadership will remain in place and operate under Robinhood Crypto, aiming to expand crypto offerings for Canadian users. As part of the deal, WonderFi employees will join Robinhood, boosting its Canadian team of over 140 staff. WonderFi shareholders will vote on the deal in July, with closing expected in late 2025 pending approvals.

šŸ‘‰ newsroom.aboutrobinhood.com/robinhood-to-acquire-wonderfi/