Robinhood has received approval from the Canadian Investment Regulatory Organization (CIRO) for its acquisition of WonderFi, a company specializing in digital asset products and services. This strategic move is set to bolster Robinhood's capabilities in programmable financial products and expand cryptocurrency trading access for Canadian users. The acquisition, initially planned for completion in the latter half of last year, has been extended to June 1, 2026. This extension allows Robinhood to implement its proprietary technology in Canada and finalize necessary regulatory approvals. WonderFi's portfolio includes Bitbuy and Coinsquare, which offer services in cryptocurrency trading, staking, and custody.