CryptoWorld News reports that Robinhood announced it will acquire WonderFi for $180 million, expanding its operations in Canada. This deal gives Robinhood approximately 300k funded customer accounts and incorporates Canadian crypto exchanges Bitbuy and Coinsquare into its operations. The transaction has undergone months of regulatory review and approval, with WonderFi's subsidiary Coinsquare Capital Markets receiving approval from Canadian investment regulators. This acquisition will also establish Robinhood's active regulatory presence in Canada, supporting its expansion of crypto business outside the United States.

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StopRaisingGasFees.
· 3h ago
300k users may not seem like a lot, but considering Canada's total population, the penetration rate is acceptable.
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CoconutWaterChillSquad
· 4h ago
Coinsquare Capital Markets有IIROC牌照,Robinhood直接拿现成的
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Stop-LossAtTheEdgeOfTheLava
· 5h ago
American brokerages finish their work, Canada joins in; the global competition in cryptocurrency begins.
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MetalRoboticArm
· 5h ago
Regulatory review has been ongoing for several months, and now it's finally implemented. The compliance costs are really high.
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