Toronto’s Blockchain Foundry, which recently launched crypto-based learn-to-earn platform Metacademy, has been acquired by the recently public WonderFi Technologies, a Vancouver-based financial technology startup operating primarily in the crypto space. WonderFi, which also acquired Coinberry back in June, says the acquisition “further solidifies WonderFi as the Canadian leader in the digital asset space.” “BCF is on a […]
Bitbuy
WonderFi Closes BitBuy Deal as Canada’s Crypto Ecosystem Advances
Early into the year Techcouver reported that WonderFi was set to acquire Bitbuy, the first approved crypto marketplace in Canada. As of today we can confirm that the deal is officially closed: Vancouver’s WonderFi, backed by famed investor Kevin O’Leary, has acquired BitBuy for $206 million in cash and shares. The deal went through “major […]
Kevin O’Leary-backed WonderFi To Buy Crypto Platform Bitbuy
Vancouver’s WonderFi is acquiring Bitbuy, a leading cryptocurrency platform and the first approved crypto marketplace in Canada. Under the terms of the agreement, Bitbuy shareholders will receive approximately $206 million consisting of shares and cash, upfront and deferred. WonderFi is on a mission of create better access to decentralized finance (DeFi) through their high-growth consumer […]