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  • Robinhood Coming For Canada, American Bitcoin Strikes Deal To Go Public, And Nvidia's Powerhouse Saudi Partnership

Robinhood Coming For Canada, American Bitcoin Strikes Deal To Go Public, And Nvidia's Powerhouse Saudi Partnership

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Robinhood Is Coming For Canada

Robinhood (NASDAQ: HOOD) announced they will acquire Canadian crypto company WonderFi (TSX: WNDR) for $250 million (CAD) in an all cash deal, representing a 41% premium for WonderFi shareholders. WonderFi’s two trading exchange businesses Bitbuy and Coinsquare have more than $2 billion in combined assets.

American Bitcoin Is Coming Soon To Wall Street

American Bitcoin, a Bitcoin mining company co-founded by Eric Trump and Donald Trump Jr., announced a merger agreement with Gryphon Digital Mining (NASDAQ: GRYP) to go public on the Nasdaq. American Bitcoin is a subsidiary of Hut 8 (NASDAQ: HUT).

Nvidia Announces Partnership For Data Centres In Saudi Arabia

Nvidia (NASDAQ: NVDA) and HUMAIN formed a new strategic partnership focused on building out new large scale data centre infrastructure for high performance computing and artificial intelligence workloads in Saudi Arabia. HUMAIN is a subsidiary of Saudi Arabia’s Public Investment Fund which is one of the world’s largest sovereign wealth funds with hundreds of billions of dollars under management.

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