Mr. Charlie Aikenhead reports
WONDERFI ANNOUNCES CIRO APPROVAL FOR ACQUISITION BY ROBINHOOD
Coinsquare Capital Markets Ltd. (CCML), Wonderfi Technologies Inc.'s wholly owned subsidiary, has received regulatory approval from the Canadian Investment Regulatory Organization (CIRO) for Robinhood Markets Inc.'s previously announced acquisition of Wonderfi pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia). The CIRO approval was received on May 20, 2026.
The arrangement was approved by the company's securityholders at a special meeting held on July 17, 2025, and the company obtained a final order in respect of the arrangement from the Supreme Court of British Columbia on July 21, 2025. Following receipt of the CIRO approval, no further regulatory approvals are required in connection with the arrangement.
Wonderfi and Robinhood expect the arrangement to close on or about June 1, 2026, subject to the satisfaction of customary closing conditions.
Further information regarding the arrangement is provided in the management information circular of the company dated June 13, 2025, prepared in connection with the arrangement and the company's subsequent related news releases, all of which are available under the company's profile on SEDAR+ and on Wonderfi's website.
About Wonderfi Technologies Inc.
Wonderfi is a leader in centralized and decentralized financial services and products.
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 record of launching new products and obtaining registrations. It is also the owner of market-leading brands, including Bitbuy, Coinsquare and Bitcoin.ca.
As the world continues to move on chain, Wonderfi is strategically placed to capture both market and wallet share through continuing innovation within the digital asset space.
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