Toronto-born Coinsquare, embroiled in a dispute with rival CoinSmart, is reportedly in “advanced merger talks” with Vancouver-based WonderFi Technologies. Combined, Coinsquare and WonderFi would form Canada’s largest cryptocurrency exchange. Exact terms remain unclear and “there is no certainty that a deal will be consummated between the two companies,” sources familiar with the matter informed Bloomberg. But […]
WonderFi
What is Staking? Canadian Crypto Companies Offer Free Intro Webinar
In November, Bitbuy declared itself first among Toronto Stock Exchange-listed crypto-trading platforms “to receive approval from applicable Canadian securities regulators to offer staking to Canadian investors.” The WonderFi subsidiary officially launched the crypto service on its platform later in the month. “Now more than ever, it is critical for Canadians to have access to products […]
Vancouver’s WonderFi Acquires Toronto’s Blockchain Foundry to Bolster Web3 Warchest
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 […]
Five Crypto Startups to Watch in BC
Despite a current downturn, the global cryptocurrency market remains active and fascinating to say the least—and a trend with enough traction to grab the attention of virtually all companies. Blockchain-based digital assets “have risen on the radars of boards over the last few years as digital currencies are adopted into mainstream payment flows and central […]
Vancouver’s WonderFi Closes $38 Million Acquisition of Toronto’s Coinberry
WonderFi Technologies this week confirmed its acquisition of Coinberry Limited. The Vancouver-based WonderFi, a financial technology startup which recently launched launched on the Toronto Stock Exchange as WNDR, acquired Toronto-born competitor Coinberry for $38 million. “This acquisition further solidifies WonderFi as a leader amongst crypto companies in Canada,” said WonderFi CEO Ben Samaroo, “and along […]
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 […]