![8 Marketing Principles You Wish You Knew From the Start [Infographic]](https://imgproxy.divecdn.com/IrFUUizSVZJGsPem_wXXddL_nQGNvo8QImauGCOQCxo/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS84X21hcmtldGluZ19wcmluY2lwbGVzX2luZm8yLnBuZw==.webp)
.png)
Robinhood to Acquire Canada’s WonderFi for C$250 Million in All-Cash Deal
Robinhood Markets, Inc. has agreed to acquire WonderFi Technologies Inc., a Canadian company that operates two regulated crypto trading platforms. The deal is valued at approximately C$250 million.WonderFi runs Bitbuy and Coinsquare, platforms that together hold more than C$2.1 billion in assets under custody. The company is known for offering services such as crypto trading, staking, and custody.Robinhood Offers Premium for WonderFi Acquisition“WonderFi and Robinhood are united in our visions of making crypto accessible and bringing more people into the crypto space,” said WonderFi President and CEO Dean Skurka. “We’re delighted to be joining the Robinhood team and to super-charge our product offerings for customers.” Robinhood said the acquisition supports its strategy to expand its crypto business internationally. The company already provides crypto services in some European countries. It entered Canada in 2024 by opening a technology office in Toronto.Under the agreement, Robinhood will pay C$0.36 per share in cash to acquire all outstanding shares of WonderFi. This represents a 41% premium over WonderFi’s closing share price on May 12, 2025, and a 71% premium over the 30-day volume-weighted average price.Deal Expected to Close 2025WonderFi will continue to operate its existing platforms after the deal closes. Its leadership team will join Robinhood Crypto. More than 140 Robinhood employees are already based in Canada.The acquisition is expected to close in the second half of 2025. It is subject to regulatory and court approvals, as well as a vote by WonderFi’s shareholders. Robinhood plans to fund the transaction with its existing cash reserves. This article was written by Tareq Sikder at www.financemagnates.com.
Robinhood Markets, Inc. has agreed to acquire WonderFi Technologies Inc., a Canadian company that operates two regulated crypto trading platforms. The deal is valued at approximately C$250 million.
WonderFi runs Bitbuy and Coinsquare, platforms that together hold more than C$2.1 billion in assets under custody. The company is known for offering services such as crypto trading, staking, and custody.
Robinhood Offers Premium for WonderFi Acquisition
“WonderFi and Robinhood are united in our visions of making crypto accessible and bringing more people into the crypto space,” said WonderFi President and CEO Dean Skurka. “We’re delighted to be joining the Robinhood team and to super-charge our product offerings for customers.”
Robinhood said the acquisition supports its strategy to expand its crypto business internationally. The company already provides crypto services in some European countries. It entered Canada in 2024 by opening a technology office in Toronto.
Under the agreement, Robinhood will pay C$0.36 per share in cash to acquire all outstanding shares of WonderFi. This represents a 41% premium over WonderFi’s closing share price on May 12, 2025, and a 71% premium over the 30-day volume-weighted average price.
Deal Expected to Close 2025
WonderFi will continue to operate its existing platforms after the deal closes. Its leadership team will join Robinhood Crypto. More than 140 Robinhood employees are already based in Canada.
The acquisition is expected to close in the second half of 2025. It is subject to regulatory and court approvals, as well as a vote by WonderFi’s shareholders. Robinhood plans to fund the transaction with its existing cash reserves. This article was written by Tareq Sikder at www.financemagnates.com.
