Robinhood Woos Canadian Cripto users with nearly $ 180 million for the purchase of Wonders

(Reuters) -Robinhood said on Tuesday to buy Canadian Cripto Wonders for C $ 250 million ($ 17.98 million), such as popular mediation without the Commission she looked to expand their international imprint.

All-cash values ​​of Vonderfi values ​​at 36 Canadian cents per share, 41% premiums to previous close.

The crypto industry, referred to under US President Donald Trump, viewed the fluoring links in 2025, including the purchase of Deribit and $ 1.25 billion of $ 1.25 billion of a hidden road broker.

Robbhood hit a $ 200 million contract last year for the CRIPTO Exchange Bitstamp.

The company dealt the growth of users through acquisitions and making deeper pushing into the crypto, because it develops outside its roots as actions trading to become a central part of the financial planning of its customers.

The brands of Wonderfi include a CRIPTO exchange of BitBUI and COINKUARE. It is processed over 3.57 billion dollars in the Krypto stores in the fiscal year 2024, 28% higher than the previous year.

The company’s focus on both “initial and advanced users of crypto” makes it an “ideal partner,” said Johann Kerbrat, senior vice president and General Manager of Robuine Krupto.

The Livestock Wonders refused 13.6% to Torrunto Exchange so far 2025. years, giving it market capitalization C $ 163.9 million.

Its employees will join the relative, which already has work forces more than 140 in Canada.

The interest in CRIPTO has increased this year, and the price of bitcoin is growing despite disorders due to economic uncertainty and trade tensions.

On the other hand, the reference funds S & P 500 indices are in 2025. 0.6% died.

($ 1 = 1,3968 Canadian dollars)

(Reporting Mnia Saini and Nicket Nishant in Bengalur; Editing Krishna Chandra Eluri)