10:31 AM EDT, 05/25/2026 (MT Newswires) -- WonderFi Technologies' ( WONDF ) wholly-owned subsidiary, Coinsquare Capital Markets Ltd (CCML), received regulatory approval from the Canadian Investment Regulatory Organization (CIRO) for Robinhood Markets, Inc's previously announced acquisition of WonderFi ( WONDF ) pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia), the company said on Monday.

The CIRO Approval was received on May 20, 2026, said the company.

"The Arrangement was approved by the Company's securityholders at a special meeting held on July 17, 2025, and the Company obtained a final order in respect of the Arrangement from the Supreme Court of British Columbia on July 21, 2025," said the company.

Following receipt of the CIRO approval, no further regulatory approvals are required in connection with the arrangement, it added.

WonderFi ( WONDF ) and Robinhood expect the arrangement to close on or about June 1, 2026, subject to the satisfaction of customary closing conditions.

The company's shares were last seen up $0.02 at $0.355 on the Toronto Stock Exchange.

Price: 0.36, Change: +0.02, Percent Change: +5.97