{"id":26517,"date":"2025-05-13T12:19:00","date_gmt":"2025-05-13T12:19:00","guid":{"rendered":"https:\/\/dogewisperer.com\/robinhood-to-acquire-canadas-wonderfi-for-178m-all-cash-deal\/"},"modified":"2025-05-13T12:19:00","modified_gmt":"2025-05-13T12:19:00","slug":"robinhood-to-acquire-canadas-wonderfi-for-178m-all-cash-deal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26517","title":{"rendered":"Robinhood To Acquire Canada&#8217;s WonderFi For $178M All-Cash Deal"},"content":{"rendered":"<div>\n<p><strong><a href=\"https:\/\/www.benzinga.com\/quote\/HOOD\/analyst-ratings\">Robinhood Markets, Inc.<\/a><\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HOOD#NASDAQ\">HOOD<\/a>) has signed an agreement to acquire <strong>WonderFi Technologies Inc.<\/strong>, a Canadian cryptocurrency platform, in an all-cash transaction valued at approximately $178 million.<\/p>\n<p><strong>What Happened: <\/strong>The purchase price of $0.26 per share represents a 41 percent premium over WonderFi&#8217;s closing price on May 12 and a 71 percent premium over its 30-day volume-weighted average price, according to a company <a href=\"https:\/\/newsroom.aboutrobinhood.com\/robinhood-to-acquire-wonderfi\/\">statement<\/a>.<\/p>\n<p>WonderFi operates <strong>Bitbuy <\/strong>and <strong>Coinsquare<\/strong>, two regulated cryptocurrency exchanges in Canada, with a reported $1.49 billion in assets under custody. <\/p>\n<p>The company will continue operating its platforms after the transaction closes. <\/p>\n<p>The &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45372870\/robinhood-to-acquire-canadas-wonderfi-for-178m-all-cash-deal\" alt=\"Robinhood\" to acquire canada wonderfi for all-cash deal>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood Markets, Inc. (NASDAQ:HOOD) has signed an agreement to acquire WonderFi Technologies Inc., a Canadian cryptocurrency platform, in an all-cash transaction valued at approximately $178 million. What Happened: The purchase price of $0.26 per share represents a 41 percent premium over WonderFi&#8217;s closing price on May 12 and a 71 percent premium over its 30-day [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26517","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26517"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26517\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}