animatist
@animatist
Robinhood is buying Canadian crypto firm WonderFi for about $178 million CAD. This deal means acquiring two regulated platforms, Bitbuy and Coinsquare, managing over $2 billion CAD worth of customer assets up to this point. The move positions Robinhood to compete directly in Canada's expanding digital asset market rather than starting new or using partners there. They're offering shareholders specific cash for their shares through acquisition.
0 reply
0 recast
0 reaction