BEAMSTART Logo

HomeNews

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push

Coin Telegraph LogoCoin Telegraph16h ago

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push - Coin Telegraph

Quick Summary:

Source: RobinhoodRelated: Robinhood beats Q1 estimates despite revenue, crypto trading dipCrypto M&A frenzy picks upRobinhood’s $179 million acquisition of WonderFi is part of a broader wave of crypto industry mergers and acquisitions (M&As) in 2025, spurred by friendlier US regulations under President Donald Trump.

These platforms offer crypto trading, staking and custody services.“WonderFi has built a formidable family of brands serving beginner and advanced crypto users alike, making them an ideal partner to accelerate Robinhood’s mission in Canada,” said Johann Kerbrat, senior vice president and general manager of Robinhood Crypto.

Under the terms of the deal, Robinhood will acquire all outstanding WonderFi shares at 0.36 Canadian dollars per share — a 41% premium over WonderFi’s last closing price on the Toronto Stock Exchange and a 71% premium over its 30-day volume-weighted average price.

or

Article Details

Author / Journalist: Cointelegraph by Amin Haqshanas

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 13:27:51 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 420 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28676805

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 31 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Robinhood to acquire Canada’s WonderFi for $179M in global crypto push" has 420 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Robinhood to acquire Canada’s WonderFi for $179M in global crypto push" was covered 16 hours ago by Coin Telegraph, a news publisher based in United States.

How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 31 news stories per day.

It's most recent story was published 7 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28676805
  • URL: https://surprised.beamstart.com/news/robinhood-to-acquire-canadas-wonderfi-174713942359

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.