Toronto-based WonderFi is set to be acquired by Robinhood Markets in a $250 million all-cash deal. The U.S. trading giant is offering $0.36 per share—a 41% premium over WonderFi’s last TSX closing price. [Read more…] about Robinhood to Acquire WonderFi in $250M Deal to Expand Crypto Presence in Canada
WonderFi
WonderFi Launches Innovation Arm to Develop New Blockchain Solutions
WonderFi Technologies has announced the launch of an innovation and development arm.
The newly established WonderFi Labs possesses a focus on building future applications for decentralized technologies to expand the company’s offerings beyond its trading platforms. [Read more…] about WonderFi Launches Innovation Arm to Develop New Blockchain Solutions
Argo Lands Investment from WonderFi to Expand Fintech Platform for Gold
The average price of gold has increased by more than 10% per year since 1971, outperforming assets classes such as equities, bonds, and fiat currencies in recent decades. [Read more…] about Argo Lands Investment from WonderFi to Expand Fintech Platform for Gold
Bitbuy Acquires Canadian Clients from Bitstamp to Boost Crypto Community
Bitbuy Technologies recently acquired all 110,000 Canadian client accounts from Bitstamp, a cryptocurrency exchange operating since 2011.
The announcement was made by WonderFi Technologies, which wholly owns Bitbuy (as well as Coinsquare). [Read more…] about Bitbuy Acquires Canadian Clients from Bitstamp to Boost Crypto Community
Feeling Undervalued, Fintech to ‘Remain Active’ with Buyback Program
A longstanding Canadian financial technology company unveiled this month that it bought back nearly half a million company shares in 2023. [Read more…] about Feeling Undervalued, Fintech to ‘Remain Active’ with Buyback Program
WonderFi Nudges Web3 War Chest Toward Profitability in 2024
WonderFi Technologies this week announced corporate updates alongside financial estimates for 2024.
The Vancouver-born web3 firm operates an array of regulated Canadian crypto trading platforms and other digital asset businesses, including Bitbuy, Coinsquare and Coinsmart, and Bitvo. [Read more…] about WonderFi Nudges Web3 War Chest Toward Profitability in 2024
WonderFi Bolsters Web3 War Chest with Latest Crypto Company Acquisition
Bitbuy Technologies announced this week that it has purchased all of the client accounts of Bitvo Inc., a registered crypto-trading platform based in Calgary. [Read more…] about WonderFi Bolsters Web3 War Chest with Latest Crypto Company Acquisition
Crypto Companies Partner to Advance Bitcoin Accessibility, Adoption in Canada
In another play of its web3 war chest, WonderFi Technologies this week unveiled a strategic partnership between wholly-owned subsidiary Bitbuy Technologies and Localcoin, which is currently Canada’s largest Bitcoin ATM provider. [Read more…] about Crypto Companies Partner to Advance Bitcoin Accessibility, Adoption in Canada
WonderFi Consolidates Crypto Companies on Path to Profit
WonderFi Technologies today announced that its wholly-owned subsidiary, Bitbuy Technologies, is preparing to migrate all client accounts of Simply Digital Technologies.
Simply Digital was behind CoinSmart, which is also owned by Vancouver-based WonderFi. [Read more…] about WonderFi Consolidates Crypto Companies on Path to Profit
Five Fintechs on Fire This Summer
Financial technology remains one of the hottest sectors in Canada as widespread digital transformation continues to sweep the nation.
Throughout the country, fintechs are innovating a new landscape for Canadians to manage, invest, and spend their money.
Below, we take a look at some of the fintechs making waves in Canada this summer. [Read more…] about Five Fintechs on Fire This Summer