Robinhood Acquires WonderFi to Enter Canada’s Crypto Market
Robinhood is making a strategic push into Canada’s burgeoning crypto sector with its acquisition of WonderFi, a leading domestic platform. The deal positions the U.S. trading app to leverage WonderFi’s established user base and regulatory foothold in a market increasingly receptive to digital assets.
Canada’s crypto-friendly policies and growing retail adoption present a ripe expansion opportunity. Robinhood’s simplified trading interface could accelerate mainstream crypto access across the province, though it faces competition from local incumbents and global exchanges already operating in the region.