• Robinhood plans to acquire WonderFi.

• Centrifuge migrates its token to Ethereum.

• Coinbase Wallet integrates AI agent messaging.

• Infinite Node acquires CryptoPunks IP

Robinhood has agreed to acquire Canadian crypto trading platform WonderFi in an all-cash deal valued at approximately $183 million. The transaction is subject to approval by two-thirds of WonderFi shareholders. Once completed, WonderFi and its employees will now operate under Robinhood Crypto. WonderFi’s product suite includes Bitbuy, a regulated cryptocurrency exchange, and SmartPay, a crypto payment processing solution that enables businesses to send and receive crypto globally.  WonderFi is also developing its own EVM-compatible Layer 2 called Wonder Chain, built on ZKsync’s ZK Stack.

Onchain credit protocol Centrifuge announced that it will begin migrating its CFG governance token from Centrifuge Chain to Ethereum mainnet starting May 20, 2025. The Centrifuge Chain, a Substrate-based blockchain within the Polkadot ecosystem, will gradually give way to Ethereum as Centrifuge transitions toward deeper integration with leading DeFi protocols and cross-chain interoperability. Users will be able to convert legacy CFG tokens at a 1:1 ratio to the new Ethereum-native CFG or WCFG on Ethereum and Base. The migration window will remain open until November 30, 2025.

Coinbase Wallet, the self-custody wallet from Coinbase, integrated secure, encrypted messaging through XMTP in its latest beta release. Extensible Message Transport Protocol (XMTP) is an open protocol that enables end-to-end encrypted, off-chain messaging. Users can privately message any Ethereum address. The new version also features AI Agents, enabling real-time trading and access to mini apps directly within the chat. Users can join a waitlist to request beta access.

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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.