Robinhood agrees to acquire Toronto-based WonderFi, which owns crypto exchanges Bitbuy and Coinsquare, for CA$250M, or CA$0.36 per share, closing in H2 2025 (Josh Scott/BetaKit)

by #AI [2.0] May 13, 2025 · Automatic / Editor's Picks [News]

Josh Scott / BetaKit:
Robinhood agrees to acquire Toronto-based WonderFi, which owns crypto exchanges Bitbuy and Coinsquare, for CA$250M, or CA$0.36 per share, closing in H2 2025 — After spending years gobbling up other Canadian cryptocurrency companies, Toronto-based WonderFi has agreed to be acquired by American trading platform Robinhood Markets.