After completing the $180 million purchase of WonderFi, US crypto broker Robinhood gained official access to the Canadian market. The transaction puts assets of two leading local exchanges - Coinsquare and Bitbuy - under the platform’s control, providing instant reach to an audience of around 300,000 users and access to a licensed ecosystem that has already been built.

The strategic value of a takeover lies in WonderFi’s full package of regulatory approvals, which allows Robinhood to bypass multi-step and lengthy business legalization processes. According to internal reporting, consolidated revenue from site purchases reached $49.8 million in 2025. Head of the global crypto direction Robinhood Johann Kerbruder emphasized that the experience gained in working under strict control and a diversified product range make WonderHi the foundation for international expansion of the corporation. The staffing, including the top management of the Canadian company, will remain unchanged.

This corporate solution is synchronized with the steady growth of demand for digital assets in the region. According to Triple A, up to 4.1% of Canada’s population already holds cryptocurrencies. Researchers at Grand View Research estimate the local market’s 2025 capacity to be $263 million, anticipating a multiple growth of up to $1 billion by 2033, which secures Canada as one of the most dynamic crypto markets on the North American continent.