In brief
Robinhood has agreed to purchase WonderFi for $179 million.
The acquisition marks Robinhood's entry into the Canadian market.
Robinhood and WonderFi shares popped after the announcement.
Robinhood plans to enter the Canadian…
Robinhood Markets (HOOD), the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million.The all-cash acquisition values WonderFi at 36 Canadian cents…
Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for approximately 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition…
In a major development that’s just been announced, WonderFi is to be acquired by Robinhood Markets in a deal worth $250 million CAD. This all-cash transaction values WonderFi shares at…
Key Points:Robinhood to acquire WonderFi Technologies for 250 million Canadian dollarsDeal offers a 41% premium over WonderFi’s recent closing priceWonderFi team to join Robinhood Crypto, enhancing market presence
Robinhood Markets, Inc.…
Robinhood Markets, Inc. has agreed to acquire WonderFi
Technologies Inc., a Canadian company that operates two regulated crypto
trading platforms. The deal is valued at approximately C$250 million.WonderFi runs Bitbuy and Coinsquare,…