Toronto cryptocurrency company WonderFi has announced that its sale to United States trading platform Robinhood Markets now isn’t expected to be complete until the first half of 2026.

The deal Robinhood struck this May to purchase Toronto Stock Exchange-listed WonderFi for $250 million CAD in cash was initially poised to close during the last six months of 2025.

“We remain committed to completing this transaction as soon as possible and are working expeditiously to do so.”

Speaking at the time about whether Robinhood had designs to roll out its broader suite of offerings in Canada, Robinhood Crypto senior vice-president Johann Kerbrat told BetaKit that “no plans” were set, but added that the Nasdaq-listed FinTech company would “expect in the future to develop our offering” in the countr

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