Robinhood opens Canadian HQ in Toronto as Canada becomes 'priority' market

Robinhood opened a Canadian headquarters in Toronto, calling Canada a priority market. The company completed its $250 million CAD acquisition of WonderFi and plans to expand beyond crypto trading. Robinhood has more than 200 employees in the country.

• Toronto headquarters designed for about 400 employees
• Robinhood Canada currently employs more than 200 people
• WonderFi acquired for $250 million CAD, has 300,000 clients
• Robinhood plans to add stocks and other instruments in Canada