Wednesday, July 9, 2025
Eu-Agency
  • Home
  • Personal Finance
  • Loan
  • Insurance
  • Budgeting
  • Credit Card
  • Cryptocurrency
  • Debt Management
  • BronzeHeaven.com: one-stop healthcare
No Result
View All Result
Eu-Agency
No Result
View All Result
Home Cryptocurrency

Robinhood grows its footprint in Canada by acquiring WonderFi

newszabi@gmail.com by newszabi@gmail.com
May 16, 2025
in Cryptocurrency
0
Robinhood grows its footprint in Canada by acquiring WonderFi
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Robinhood revealed Tuesday that it’s acquiring Canadian crypto chief WonderFi for CA$250 million (round $178.56 million) in an all-cash deal because it pushes into Canada’s rising digital asset market.

WonderFi operates two regulated crypto platforms, Bitbuy and Coinsquare, with over CA$2.1 billion in belongings underneath custody. The transaction gives WonderFi shareholders CA$0.36 per share, representing a 41% premium over the corporate’s current closing worth. (WonderFi went public in Canada via a reverse takeover in 2021.)

The tie-up follows Robinhood’s $200 million purchase of European exchange Bitstamp final yr and reinforces its world growth technique. 

WonderFi’s crew, together with CEO Dean Skurka, will be part of Robinhood Crypto, including to the roughly 140 workers Robinhood already has in Toronto.

The deal is predicted to shut within the second half of this yr. 

TechCrunch talked with Robinhood CEO Vlad Tenev in December about his enthusiasm over a brand new U.S. administration that’s far friendlier to the crypto trade, and about Robinhood’s personal rising deal with crypto. “I feel crypto is the following in line in an extended chain of expertise improvements which have modified the underlying infrastructure of the monetary system in a constructive manner,” Tenev said at the time.



Source link

Tags: acquiringCanadafootprintgrowsRobinhoodWonderFi
Previous Post

UK ministers consider cutting tax-free cash Isa allowance

Next Post

Reducing risk in an RESP: How to invest as your kid approaches college or university

Next Post
Reducing risk in an RESP: How to invest as your kid approaches college or university

Reducing risk in an RESP: How to invest as your kid approaches college or university

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering

US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering

March 25, 2025
Bitcoin Whales Ramp Up Accumulation, Another Price Surge To Follow?

Bitcoin Whales Ramp Up Accumulation, Another Price Surge To Follow?

December 12, 2024
What Does Homeowners Insurance Cover?

What Does Homeowners Insurance Cover?

June 19, 2025

Browse by Category

  • Budgeting
  • Credit Card
  • Cryptocurrency
  • Debt Management
  • Insurance
  • Loan
  • Personal Finance
  • Uncategorized

Recent Posts

Bitcoin’s price rally may just be starting – All the details!

Bitcoin’s price rally may just be starting – All the details!

July 9, 2025
Rachel Reeves to launch permanent mortgage guarantee scheme

Rachel Reeves to launch permanent mortgage guarantee scheme

July 9, 2025

Categories

  • Budgeting
  • Credit Card
  • Cryptocurrency
  • Debt Management
  • Insurance
  • Loan
  • Personal Finance
  • Uncategorized

Follow Us

Recommended

  • Bitcoin’s price rally may just be starting – All the details!
  • Rachel Reeves to launch permanent mortgage guarantee scheme
  • How Much Does Flood Insurance Cost? 2022 Average Rates
  • Bitcoin Lacked Mainstream Media Coverage In Q2: Report

Privacy Policy

Privacy Policy

© 2024 | All Rights Reserved | Eu-Agency

No Result
View All Result
  • Home
  • Personal Finance
  • Loan
  • Insurance
  • Budgeting
  • Credit Card
  • Cryptocurrency
  • Debt Management
  • BronzeHeaven.com: one-stop healthcare

© 2024 | All Rights Reserved | Eu-Agency

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?