Robinhood is expanding its international presence with a major move into Canada following the completion of its acquisition of WonderFi.
The transaction strengthens the company’s position in the global digital asset market and increases its international customer base to more than one million funded accounts.
The deal also gives Robinhood access to regulated crypto trading infrastructure in one of North America’s most closely supervised markets.
The acquisition, originally announced in 2025, forms part of Robinhood’s broader strategy to grow beyond the United States and establish a stronger foothold in global financial services.
By integrating WonderFi’s operations, Robinhood gains a licensed local platform and an established presence in the Canadian crypto sector.
Bitbuy and Coinsquare Join Robinhood Ecosystem
Robinhood said the acquisition enhances its ability to provide digital asset products to Canadian customers while supporting its long-term international growth plans.
The transaction brings WonderFi-owned crypto platforms Bitbuy and Coinsquare under the Robinhood umbrella and expands the company’s reach within Canada’s regulated crypto market.
Canadian users associated with WonderFi platforms will transition into Robinhood’s ecosystem and will be directed to use the company’s trading application.
According to Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto, WonderFi’s experience serving both beginner and advanced crypto traders makes it a strong fit for Robinhood’s expansion strategy.
The company noted that Canada is becoming an important center for its international operations.
Robinhood also confirmed that WonderFi employees will join its existing Canadian workforce, which already exceeds 240 employees.
Acquisition Supports Long-Term International Strategy
Robinhood agreed to acquire WonderFi in an all-cash transaction valued at approximately $250 million. Under the terms of the agreement, WonderFi shareholders received $0.36 per share.
At the time the deal was announced, WonderFi described the acquisition as a pathway for Robinhood’s entry into the Canadian market.
Robinhood Chief Executive Officer Vlad Tenev said the completed acquisition marks the company’s formal entry into Canada through one of the country’s most recognized crypto platforms. He added that Robinhood’s mission is increasingly focused on serving customers globally.
The deal also builds on Robinhood’s earlier investment in Canada. In 2024, the company established its Canadian headquarters in Toronto to expand engineering operations and tap into local technology talent.
Robinhood Introduces Agentic Trading Capabilities
Alongside its international expansion, Robinhood has introduced Agentic Trading and an Agentic Credit Card.
The new features allow customers to authorize AI agents to manage certain financial activities and execute trades through dedicated accounts.
The service currently supports equities trading, although Robinhood plans to expand it to crypto, derivatives, and prediction markets.
While concerns remain regarding oversight of autonomous AI systems, the company said customers can set spending limits and maintain approval controls for transactions.
The launch reflects a wider industry effort to integrate AI into financial decision-making and trading services.
