TechFlow News, June 2nd: According to The Block, Robinhood Markets has completed its $180 million acquisition of Canadian digital asset services firm WonderFi. WonderFi operates Bitbuy and Coinsquare, Canada’s two largest regulated cryptocurrency platforms. Existing WonderFi users will be invited to migrate to the Robinhood app. This acquisition pushes Robinhood’s overseas registered user count past 1 million, adding approximately 300,000 new Canadian users. Robinhood stated it will continue supporting WonderFi’s existing partnerships with local institutional entities to further expand its institutional business. The deal was initially announced in May 2025 and was originally scheduled for completion in the second half of 2025 but was delayed due to technical deployment and regulatory approval requirements.
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