Robinhood (Hood) will enter Canada by seizing Crypto Exchange Wonderfi (WNDR) for $ 179 million

Markets Robinhood (Hood), California Financial Services Company, He said It agreed to purchase the Canadian encryption company Wonderfi (WNDR) for $ 178.98 million.

The acquisition values ​​on all of the Wonderfi in 36 Canadian cents per share, which is 41 % at the closing price before the announcement of Tuesday.

“Wonderfi built a huge family of brands that serve beginners and advanced encryption users, making them an ideal partner to accelerate the Robinhood mission in Canada,” Johann Kerbrat, President of Robinhood Crypto, said in the official announcement. Kerbrat will speak at Toronto consensus on Friday.

Robinhood, a famous commission -free platform, looks forward to expanding its international scope for some time and hitting a A deal to gain it Exchange of cryptocurrency last year.

The latest acquisition of victory over Canada clients will help. Wonderfi is in Toronto and BitBuy and Coinsquare, two pioneering platforms in coding in the country. The volume of trading on Wonderfi, which will speak CEO Dean Skurka Thursday consensusIt increased 28 % to 3.57 billion Canadian dollars in the fiscal year 2024.

The Robinhood deal will bring to Canada, which increases competition for exchanges such as Coinbase and Wealsimple Crypto.

He chose the encryption activity and acquisition activity with US President Donald Trump to adopt a friend of encryption. Last week, the Coinbase included on the Nasdaq Stock Exchange Burhan Berhan on the derivatives of the digital asset derivatives, where he received a set of giant encryption options in a prominent deal worth $ 2.9 billion.

Update (May 13, 14:43 UTC): The appearance of executives adds in the consensus of Toronto.