Robinhood Acquires WonderFi in $179M Deal to Bolster Crypto and Global Expansion
Fintech In a strategic move to expand its global footprint and strengthen its position in the cryptocurrency space, Robinhood (HOOD.O) announced on Tuesday that it will acquire Canadian crypto firm WonderFi (WNDR.TO) in an all-cash deal worth C$250 million ($178.98 million). The acquisition values WonderFi at 36 Canadian cents per share, representing a 41% premium … Read more