Robinhood

Million

Shiba Inu

<h3 id="what-to-know">What to know:</h3>
<ul>
 <li>Robinhood surpassed 1 million funded international customers after acquiring WonderFi.</li>
 <li>Bitbuy and Coinsquare joined Robinhood, expanding its Canadian presence.</li>
 <li>Robinhood will maintain institutional partnerships while growing crypto operations globally.</li>
</ul>
Robinhood has surpassed 1 million funded customers outside the United States following the completion of its $180 million <a href="https://36crypto.com/robinhood-buys-wonderfi-in-179m-deal-hood-stock-skyrockets-nearly-10/" rel="noopener noreferrer nofollow">acquisition of Canadian crypto firm WonderFi</a>. The transaction added roughly 300,000 customers to Robinhood’s international business and strengthened its presence in Canada’s regulated digital asset market. 
The completed <a href="https://robinhood.com/us/en/newsroom/robinhood-enters-canada-completes-acquisition-wonderfi/" rel="noopener noreferrer nofollow">acquisition</a> brings WonderFi’s two crypto platforms, Bitbuy and Coinsquare, under Robinhood’s ownership, with both platforms operating within Canada’s regulated cryptocurrency sector and serving retail investors across the country. 
Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto and International, said WonderFi’s experience serving both new and advanced crypto users supports Robinhood’s long-term objectives in Canada. 
Also Read: <a href="https://36crypto.com/bitcoin-xrp-and-solana-decline-as-lab-posts-massive-24h-gain/" rel="noopener noreferrer nofollow">Bitcoin, XRP, and Solana Decline as LAB Posts Massive 24H Gain</a> 
<h2 id="wonderfi-acquisition-expands-robinhood-s-international-footprint">WonderFi Acquisition Expands Robinhood’s International Footprint</h2>
The acquisition represents another step in Robinhood’s efforts to grow beyond its home market. Moreover, the company gains access to an established customer base and a regulated crypto infrastructure through the transaction. 
Bitbuy and Coinsquare have built recognizable brands within Canada’s cryptocurrency industry. Consequently, Robinhood can expand its operations using existing platforms rather than developing new services from scratch. 
Besides increasing its retail customer reach, <a href="https://36crypto.com/robinhood-set-to-complete-wonderfi-acquisition-following-final-canadian-approval/" rel="noopener noreferrer nofollow">Robinhood</a> expects the deal to strengthen its institutional business and stated that it will continue supporting WonderFi’s partnerships with Canadian institutions. As a result, Robinhood could broaden its services for professional and institutional clients. 
The transaction also complements Robinhood’s acquisition of Bitstamp last year, which helped establish its institutional crypto business and expand its international capabilities. Therefore, the WonderFi acquisition adds another layer to Robinhood’s global growth strategy. 
Robinhood first <a href="https://36crypto.com/robinhood-set-to-complete-wonderfi-acquisition-following-final-canadian-approval/" rel="noopener noreferrer nofollow">announced plans to acquire WonderFi</a> in May 2025. Both companies initially expected the deal to close during the second half of the year. However, they later extended the timeline to complete regulatory approvals and deploy Robinhood’s proprietary technology in Canada. Meanwhile, Robinhood shares declined 3.8% on Monday and closed at $90.73. 
<h2 id="canadian-market-remains-key-growth-target">Canadian Market Remains Key Growth Target</h2>
Canada continues to play an important role in Robinhood’s international expansion plans. Through WonderFi, the company gains stronger exposure to a market with established crypto regulations and active retail participation. 
Furthermore, the acquisition allows Robinhood to scale its operations while <a href="https://36crypto.com/robinhood-buys-wonderfi-in-179m-deal-hood-stock-skyrockets-nearly-10/" rel="noopener noreferrer nofollow">leveraging</a> WonderFi’s local experience and industry relationships. The company now serves more than 1 million funded customers outside the United States, highlighting the growing importance of its international business. 
Robinhood’s completion of the WonderFi acquisition has pushed its funded international customer base beyond 1 million. The deal also expands the company’s presence in Canada while supporting its broader global crypto growth strategy. 
Also Read: <a href="https://36crypto.com/shiba-inu-recovery-faces-pressure-as-178-billion-shib-returns-to-exchanges/" rel="noopener noreferrer nofollow">Shiba Inu Recovery Faces Pressure as 178 Billion SHIB Returns to Exchanges</a> 
The post <a href="https://36crypto.com/robinhood-surpasses-1-million-global-users-following-wonderfi-purchase/" rel="noopener noreferrer nofollow">Robinhood Surpasses 1 Million Global Users Following WonderFi Purchase</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Robinhood Surpasses 1 Million Global Users Following WonderFi Purchase

Table of Contents

36crypto

Other articles published on Jun 2, 2026

Join our free newsletter for daily crypto updates!