Robinhood is acquiring WonderFi for CA$250 million in cash, staking a major claim in Canada’s digital asset market. The move gives Robinhood control of Bitbuy and Coinsquare, two regulated platforms with CA$2.1B in assets. WonderFi shareholders get a 41% premium per share, while CEO Dean Skurka joins Robinhood Crypto. This follows last year’s Bitstamp deal and signals Robinhood’s deeper push into international crypto territory.
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