Robinhood Grows Its Footprint in Canada by Acquiring Wonderfi
On May 13, 2025, Robinhood Markets, Inc., a U.S.-based financial services company, announced its acquisition of Toronto-based WonderFi Technologies Inc., a leading Canadian digital asset platform, for approximately C$250 million (US$178 million) in an all-cash deal. The transaction, which values WonderFi at C$0.36 per share—a 41% premium over its May 12, 2025, closing price on … Read more