Robinhood Markets Acquires WonderFi (Bitbuy and Coinsquare) to Enter Canada

May 13, 2025

Robinhood Markets completed its approximately $179 million (C$250 million) acquisition of WonderFi, a Toronto-based provider of regulated crypto trading platforms. WonderFi’s Bitbuy and Coinsquare are expected to operate under the Robinhood brand as Robinhood expands into the Canadian market.

Buyers
Robinhood Markets
Targets
WonderFi
Location
Ontario, Canada
Transaction Type
Buyout

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