Robinhood enters Canada after $180 million WonderFi acquisition
CoinTelegraph·
60-second summary
Robinhood is entering Canada after acquiring WonderFi for $180 million, bringing local crypto exchanges Bitbuy and Coinsquare under its control. This strategic move expands Robinhood's global presence, allowing it to tap into Canada's growing cryptocurrency market. The acquisition is expected to strengthen Robinhood's competitive position in North America, further solidifying its position in the industry.
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.