Robinhood enters Canada after $180 million WonderFi acquisition
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control....
Key takeaways
- 1Robinhood acquired WonderFi for $180 million, gaining control of Canadian crypto exchanges Bitbuy and Coinsquare.
- 2WonderFi's two platforms generated combined revenue of $49.8 million in 2025 and bring 300,000 funded customers to Robinhood.
- 3Canadian crypto market generated $263 million in 2025 revenue and is projected to exceed $1 billion by 2033.
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Why it matters
This expansion signals major crypto platforms' push into regulated international markets, while Canada's fastest-growing crypto market presents growth opportunities for Indian investors tracking global crypto adoption and exchange consolidation trends.
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