Robinhood Enters Canada Crypto Market With $180M WonderFi Deal

Cointelegraph Staff

(06:55 AM UTC)

1 min read

Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country.

Robinhood said on Monday that the acquisition marks the platform's entry into Canada and will see crypto exchanges Bitbuy and Coinsquare come under the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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