Wonderfi Provides Update On Robinhood Transaction
WonderFi and Robinhood have advanced planning for post-closing integration to facilitate Robinhood's deployment of its proprietary technology. Due to the fact that certain of the integration enhancements require additional development work and regulatory approval, WonderFi anticipates that the Arrangement will close in the first half of 2026, subject to the satisfaction or waiver of the remaining conditions to closing of the Arrangement as set forth in the arrangement agreement dated May 12, 2025.
"We are pleased with our active collaboration with Robinhood to make its game changing proprietary technology available to our customers. We remain committed to completing this transaction as soon as possible and are working expeditiously to do so," said Dean Skurka, CEO, WonderFi.
As previously disclosed, WonderFi has obtained shareholder and warrant holder approvals, a no-action letter from the Canadian Competition Bureau, and a final order from the Supreme Court of British Columbia approving the Arrangement.
WonderFi will provide further updates when required by applicable securities laws.
About WonderFi
WonderFi is a leader in centralized and decentralized financial services and products.
With over $1.9 billion in client assets under custody, WonderFi's regulated trading platforms are well-positioned to service crypto participants on a global scale with trading, payments and decentralized products, including purpose-built blockchains and non-custodial wallet applications.
Designed to provide investors with diversified investment exposure across the global digital asset ecosystem, the Company has a proven track record of launching new products and obtaining registrations. It is also the owner of market-leading brands, including Bitbuy, Coinsquare, and Bitcoin.
As the world continues to move on-chain, WonderFi is strategically placed to capture both market and wallet share through ongoing innovation within the digital asset space.
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