Robinhood has completed its $180 million acquisition of Canadian crypto platform WonderFi, officially entering the Canadian market. Users of WonderFi’s Bitbuy and Coinsquare platforms will be invited to transition to the Robinhood app.
[Flash] Traditional Banks Accelerate On-Chain Financial Infrastructure Executives at Robinhood and Bitstamp say traditional banks are now ready to build financial infrastructure on blockchains, marking the crypto industry’s shift from “what to do” to “how to do it,” CoinDesk reported. Both companies believe that as regulatory frameworks mature, institutional acceptance of on-chain technology is accelerating. This trend could drive broader mainstream adoption of crypto assets and push deeper integration between traditional finance and DeFi. ...