Canadian Regulators Approve Robinhood's Acquisition of Digital Asset Products and Services Company WonderFi

BlockBeats News, May 26 – According to official sources, WonderFi announced on Monday that the Canadian Investment Regulatory Organization has approved Robinhood's acquisition of the digital asset products and services company WonderFi. Robinhood previously stated that this transaction would help deepen its ability to offer programmable financial products. Robinhood's accessible, low-cost, and secure platform will continue WonderFi's mission of making crypto trading easier for millions of Canadians. WonderFi's technology and products, including Bitbuy and Coinsquare, align closely with Robinhood Crypto, covering crypto trading, staking, and custody services. The transaction was initially scheduled to be completed in the second half of last year, but both parties later extended the closing date to June 1 of this year to allow Robinhood more time to deploy its proprietary technology in Canada and obtain regulatory approval. As reported by PYMNTS last year, this transaction follows Robinhood's 2025 acquisition of the crypto exchange Bitstamp and is interconnected with that acquisition. [Original Link]