WonderFi operates Bitbuy and Coinsquare, with over C$2.1 billion in assets under custody.
The deal is expected to close in the second half of 2025, pending shareholder and regulatory approval.
Robinhood Markets, Inc. has agreed to acquire WonderFi
Technologies Inc., a Canadian company that operates two regulated crypto
trading platforms. The deal is valued at approximately C$250 million.
WonderFi runs Bitbuy and Coinsquare, platforms that together
hold more than C$2.1 billion in assets under custody. The company is known for
offering services such as crypto trading, staking, and custody.
Robinhood Offers Premium for WonderFi Acquisition
Dean Skurka, WonderFi President and CEO, Source: LinkedIn
“WonderFi and Robinhood are united in our visions of making
crypto accessible and bringing more people into the crypto space,” said
WonderFi President and CEO Dean Skurka. “We’re delighted to be joining the
Robinhood team and to super-charge our product offerings for customers.”
Robinhood said the acquisition supports its strategy to
expand its crypto business internationally. The company already provides crypto
services in some European countries. It entered Canada in 2024 by opening a
technology office in Toronto.
Under the agreement, Robinhood will pay C$0.36 per share in
cash to acquire all outstanding shares of WonderFi. This represents a 41%
premium over WonderFi’s closing share price on May 12, 2025, and a 71% premium
over the 30-day volume-weighted average price.
WonderFi will continue to operate its existing platforms
after the deal closes. Its leadership team will join Robinhood Crypto. More
than 140 Robinhood employees are already based in Canada.
The acquisition is expected to close in the second half of
2025. It is subject to regulatory and court approvals, as well as a vote by
WonderFi’s shareholders. Robinhood plans to fund the transaction with its
existing cash reserves.
“This transaction is the culmination of those efforts and
the launchpad for Robinhood to democratize finance across Canada. The
arrangement provides WonderFi shareholders with all-cash consideration at an
attractive premium to our recent trading levels,” said Bobby Halpern, Executive
Chairman of WonderFi.
Robinhood Markets, Inc. has agreed to acquire WonderFi
Technologies Inc., a Canadian company that operates two regulated crypto
trading platforms. The deal is valued at approximately C$250 million.
WonderFi runs Bitbuy and Coinsquare, platforms that together
hold more than C$2.1 billion in assets under custody. The company is known for
offering services such as crypto trading, staking, and custody.
Robinhood Offers Premium for WonderFi Acquisition
Dean Skurka, WonderFi President and CEO, Source: LinkedIn
“WonderFi and Robinhood are united in our visions of making
crypto accessible and bringing more people into the crypto space,” said
WonderFi President and CEO Dean Skurka. “We’re delighted to be joining the
Robinhood team and to super-charge our product offerings for customers.”
Robinhood said the acquisition supports its strategy to
expand its crypto business internationally. The company already provides crypto
services in some European countries. It entered Canada in 2024 by opening a
technology office in Toronto.
Under the agreement, Robinhood will pay C$0.36 per share in
cash to acquire all outstanding shares of WonderFi. This represents a 41%
premium over WonderFi’s closing share price on May 12, 2025, and a 71% premium
over the 30-day volume-weighted average price.
WonderFi will continue to operate its existing platforms
after the deal closes. Its leadership team will join Robinhood Crypto. More
than 140 Robinhood employees are already based in Canada.
The acquisition is expected to close in the second half of
2025. It is subject to regulatory and court approvals, as well as a vote by
WonderFi’s shareholders. Robinhood plans to fund the transaction with its
existing cash reserves.
“This transaction is the culmination of those efforts and
the launchpad for Robinhood to democratize finance across Canada. The
arrangement provides WonderFi shareholders with all-cash consideration at an
attractive premium to our recent trading levels,” said Bobby Halpern, Executive
Chairman of WonderFi.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
WhiteBIT secures brokerage license in Georgia to launch regulated crypto derivatives
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
