Robinhood just planted flags in two new countries on the same strategic timeline, completing its $250 million acquisition of Canadian crypto platform WonderFi Technologies while simultaneously securing regulatory approval in Singapore. The company’s international funded user base has now crossed the 1 million mark.
Here’s the thing, though: the “zero trading fees” promise that made Robinhood famous in the US doesn’t quite apply in Canada. Canadian users will pay a flat 0.5% fee per trade in CAD, a detail that matters quite a bit when you’re trying to differentiate from local competitors.
The Canada play: buying your way in
Robinhood’s Canadian launch officially went live on June 1, 2026, the same day it closed the WonderFi acquisition. Rather than building from scratch, Robinhood took the acquisition route, absorbing WonderFi’s two established crypto platforms, Bitbuy and Coinsquare, which together brought roughly 300,000 funded customers into the fold.
Both platforms will transition to operate under the Robinhood brand. Canadian users will be able to trade approximately 50 crypto assets through Robinhood’s app, with staking services planned to follow shortly after launch.
