PANews reported on June 2nd that Robinhood Markets has completed its $180 million acquisition of Canadian digital asset services company WonderFi. WonderFi operates two regulated Canadian crypto platforms, Bitbuy and Coinsquare, and its users will be invited to migrate to the Robinhood app. Robinhood stated that this acquisition brings its total number of clients outside the US to over 1 million, with 300,000 coming from WonderFi.

The acquisition, first announced in May 2025 and originally scheduled for completion in the second half of 2025, has been delayed due to deployment technology and regulatory approvals. Robinhood established its institutional business last year through the acquisition of Bitstamp. HOOD shares fell 3.8% to $90.73 on Monday, and are down 21.3% year-to-date.