WonderFi Technologies Acquires Blockchain Foundry Inc.

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

May 13, 2025

Financial Services

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.

Ripple Acquires Fortress Trust

September 8, 2023

Financial Services

Ripple has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies, bringing a Nevada trust license and Web3 custody and payments infrastructure into Ripple's enterprise crypto stack. The acquisition expands Ripple's regulatory licenses and capabilities across payments, custody, and tokenization; the deal remains subject to due diligence and regulatory approvals.

Foundry Acquires Upstate Interactive

April 27, 2022

Software

Foundry Digital LLC, a subsidiary of Digital Currency Group (DCG), has acquired Upstate Interactive, a women-owned Web3 software development and consulting firm founded in Syracuse, New York. The Upstate Interactive team will join Foundry and their capabilities will be integrated into Foundry's staking and digital-asset infrastructure services to expand product and service offerings for institutional clients.

Forte Acquires N3TWORK's Technology Platform

January 13, 2022

Software

Forte, a blockchain platform provider for game publishers, has acquired N3TWORK's technology platform and platform team. As part of the deal, N3TWORK's games teams will form a new independent studio (N3TWORK Studios) while N3TWORK founder Neil Young joins Forte to lead its Games Industry business unit, accelerating Forte's blockchain gaming capabilities.

WonderFi Technologies Acquires Bitbuy (First Ledger Corp.)

January 4, 2022

Payments & Fintech

WonderFi Technologies Inc. has entered into a definitive agreement to acquire First Ledger Corp., the parent of Bitbuy Technologies Inc., Canada's first approved crypto marketplace, in a transaction valued at approximately CAD $206 million. The deal (70 million WonderFi shares, $20M upfront cash and $30M vendor take-back note) adds over 375,000 users, CAD $455 million in assets under custody and more than 80 employees to WonderFi, expanding its licensed fiat on‑ramp, OTC capabilities and product suite.

Wondr Gaming Corp. Acquires JoyBox Media Inc.

October 22, 2021

Marketing & Advertising

Wondr Gaming Corp. entered into a definitive agreement to acquire all issued and outstanding common shares of JoyBox Media Inc., a media network and influencer marketing agency, in a transaction comprised of common shares of Wondr and cash payments tied to revenue milestones. The acquisition is intended to add viral content, influencer marketing and campaign capabilities to Wondr’s NFT, loyalty and media offerings and is expected to close around early November 2021 (closing later announced in March 2022).