Robinhood has completed its C$250 million acquisition of WonderFi, gaining control of Bitbuy, Coinsquare and Bitcoin.ca as it expands its regulated crypto business in Canada.
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This collaborative venture between two of Canada’s largest consumer-facing crypto companies marks a major milestone in enhancing cryptocurrency adoption and accessibility across the country.
This consolidation positions WonderFi as one of Canada’s largest registered crypto asset trading ecosystems, offering a wide range of products and services.
Bitbuy Staking will allow its users to leverage their crypto balances to earn crypto rewards through on-chain staking.