Robinhood Markets has opened a new headquarters in downtown Toronto, marking a significant expansion of its Canadian operations following the launch of its crypto trading platform and the acquisition of WonderFi. The office will serve as a central hub for engineering and operational teams, with capacity to nearly double the company’s Canadian workforce, which has already grown to over 200 employees.
- Launch Date: Robinhood Canada app launched July 1
- Cryptocurrencies Available: More than 50 digital assets on unified platform
- Trading Fee Promotion: 0% trading fees through September 30
- Regulatory Status: CIRO-registered investment dealer via Coinsquare Capital Markets Ltd.
The Canadian platform offers instant account funding through Interac e-Transfers or wire transfers and native CAD trading pairs to eliminate hidden foreign exchange markups. Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto and International, framed the office opening as validation of Canadian talent and Robinhood’s commitment to delivering financial tools to Canadian investors.
Ontario Minister of Economic Development Vic Fedeli highlighted the significance of the expansion, noting that the office opening reflects the competitive business environment and the province’s fintech strengths. Beyond its core trading operations, Robinhood announced a partnership with ABC Life Literacy Canada, providing support to expand the charity’s financial literacy programming to reach additional learners across the country with new French and English curricula.
Chris Pollock, General Manager of Robinhood Canada, stated the company remains focused on delivering competitive products and transparent services while building community relationships. The Toronto office opening underscores Robinhood’s confidence in the Canadian market’s long-term potential and its strategy to provide everyday Canadians with access to global financial markets.
Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto and International. Source: LinkedIn
