Robinhood to acquire WonderFi for CAD250m.

Robinhood, an American financial services company, agreed to acquire WonderFi, a provider of digital asset products and services, for CAD250m. "Through a long and focused effort, WonderFi successfully built one of Canada's largest registered Crypto-Trading platforms. 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," Bobby Halpern, WonderFi Executive Chairman.