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Robinhood to Acquire Canadian Crypto Platform WonderFi in Expansion Push
Robinhood to Acquire Canadian Crypto Platform WonderFi in Expansion Push
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Robinhood has entered into an agreement to acquire WonderFi, a leading Canadian cryptocurrency platform, marking another significant move in the ongoing consolidation wave within the crypto sector. The deal positions Robinhood to leverage WonderFi’s established infrastructure and regulatory foothold to accelerate its Canadian market expansion.
The acquisition, announced via Robinhood’s official X account, underscores the fintech firm’s strategic pivot toward crypto services as traditional brokerages increasingly embrace digital assets. WonderFi will maintain its existing Canadian operations while integrating with Robinhood’s expansion framework.
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