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Robinhood strikes $178M all-cash deal to buy Canada’s crypto powerhouse WonderFi

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written by , Content Manager.

Last updated: 2025-05-13 15:22:57

2025-05-13 15:22:57

Popular trading platform Robinhood Markets announced Tuesday it had reached an agreement to buy WonderFi, one of Canada's largest regulated crypto trading ecosystems, for $250 million CAD (approximately $178 million) in cash. The deal, which represents a 41% premium to WonderFis last closing share price and 71% above its 30-day average, will give Robinhood a major foothold in one of the world's fastest-growing digital asset markets and is part of the company's ongoing push to build a global fi. .

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