CryptoBriefing and Yahoo Finance both cover WonderFi founder Karia Samaroo's op-ed on Canadian crypto regulation and the Robinhood acquisition, but give different figures for WonderFi's assets under custody and the deal's US-dollar value.
What all sources agree on
- Karia Samaroo founded WonderFi in 2021 and served as its CEO.
- Robinhood completed its acquisition of WonderFi on June 1, 2026, for C$250 million.
- WonderFi consolidated Bitbuy and Coinsquare.
- WonderFi had approximately 300,000 funded customers.
- Samaroo's op-ed attributes the sale to Canada's fragmented securities regulatory framework and the compliance burden following the QuadrigaCX/FTX fallout.
- The deal received regulatory approval (CIRO) in late May 2026.
Where the reports disagree
1WonderFi's assets under custody
roughly US$800 million in crypto assets under custody and US$2.6 billion in trailing 12-month trading volume as of April.
more than C$2 billion in client assets under custody.
What would settle it: WonderFi's own financial disclosures or regulatory filings reporting assets under custody as of the relevant date.
2US-dollar value of the acquisition
paying C$0.36 per WonderFi share, or roughly US$180 million in equity value.
Robinhood completed its purchase of WonderFi for C$250 million, roughly US$179 million, on June 1, 2026.
What would settle it: Robinhood's or WonderFi's official transaction disclosure stating the deal's US-dollar value and the exchange rate used.
What to make of it
Treat the C$250 million deal price, the June 1 close, and Samaroo's regulatory argument as established; the exact size of WonderFi's assets under custody and the precise US-dollar equivalent of the deal remain unresolved between these two reports.
Treat the C$250 million deal price, the June 1 close, and Samaroo's regulatory argument as established; the exact size of WonderFi's assets under custody and the precise US-dollar equivalent of the deal remain unresolved between these two reports.