Robinhood has finalized its $180 million acquisition of WonderFi, marking its entry into the Canadian cryptocurrency market. This strategic move allows Robinhood to integrate WonderFi's crypto platforms, Bitbuy and Coinsquare, into its ecosystem. Users of these platforms will be invited to transition to the Robinhood app, expanding Robinhood's reach and user base in Canada.
Robinhood Completes $180 Million Acquisition of WonderFi, Expands into Canada
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