Karia Samaroo: It is inevitable that WonderFi will be acquired by Robinhood
2026-08-07 21:44:22
According to CoinMeta, as reported by Fortune magazine, Karia Samaroo, the founder of WonderFi, stated that it was an inevitable trend for the company to be acquired by Robinhood for 250 million Canadian dollars. He pointed out that Canada's weak capital market, cumbersome regulations, high taxes, combined with the stringent compliance requirements of the crypto industry, led to international exchanges such as Binance, OKX, and Bybit withdrawing from the Canadian market one after another. At the same time, Karia Samaroo emphasized that Canadian tech companies like Nuvei and Shopify faced similar difficulties and were forced to turn to foreign capital or be acquired by foreign investors after growing locally.
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Source:Internet
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