WonderFi founder Karia Samaroo stated that Canada's capital markets and cryptocurrency regulatory structure set a growth ceiling for the company, making its sale to Robinhood for C$250 million (approximately US$180 million) in equity value the clearest path to achieving global scale. Robinhood completed the acquisition on June 1, acquiring WonderFi's Canadian crypto operations and investment dealer license. As of April, WonderFi had approximately 300,000 active clients, managed about US$800 million in digital assets, and recorded US$2.6 billion in trading volume over the past 12 months. Samaroo believes that Canada's regulatory environment, particularly the post-Quadriga digital assets regime and provincial securities regulations, increased costs and complexity, hindering the company's expansion beyond Canada.