Robinhood has secured final Canadian regulatory approval for its C$250 million acquisition of WonderFi, keeping the deal on track for a June 1 closing date. According to WonderFi’s press release, approval from the Canadian Investment Regulatory Organization removed the final regulatory hurdle. The new report adds that the acquisition could reshape Robinhood’s market strategy in Canada by leveraging WonderFi’s established regulatory framework and ownership of Bitbuy and Coinsquare, while also noting risks tied to integration challenges and crypto market volatility.