🚨Robinhood to #Acquire WonderFi for C$250 Million
🔹Robinhood to acquire WonderFi for C$0.36/share in all-cash deal
🔹Total valuation: C$250 million, a 41% premium over prior closing price
🔹WonderFi to operate independently post-acquisition
🔹WonderFi team to integrate with Robinhood Crypto, focusing on Canada
🔹Move strengthens Robinhood’s presence in the Canadian digital asset market