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WonderFi Technologies Inc WONDF


Primary Symbol: T.WNDR

WonderFi Technologies Inc. provides crypto trading platform in Canada. It also provides centralized and decentralized financial services and products. Its segments include Trading, Payments and Corporate. Its brands include Bitbuy, Coinsquare, SmartPay, and Tetra Trust. Its product is WonderFi Labs. It is also developing two new products, including WonderFi L2 and WonderFi Wallet. WonderFi Labs develops, incubates and invests in centralized and EVM-compatible decentralized products and protocols that have a global reach. Bitbuy is Canada and APAC's regulated cryptocurrency platform catering to the advanced trader, institutions and corporate client. Coinsquare provides customers with a proprietary platform engineered to deliver a robust, secure and intelligent interface for trading digital assets. SmartPay is a digital asset payment processing platform. Tetra is redefining the standard of digital asset custody in Canada, pioneering secure, regulated, and versatile solutions.


TSX:WNDR - Post by User

Post by AnthonyFaucion Mar 02, 2022 12:52pm
236 Views
Post# 34475542

👨‍👩‍👦‍👦WonderFi Reports over 600,000 Users👨‍👩‍👦

👨‍👩‍👦‍👦WonderFi Reports over 600,000 Users👨‍👩‍👦

Vancouver, British Columbia–(March 2, 2022) – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) (the “Company” or “WonderFi”) is pleased to report an update on the rapid growth of collective users within the WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)  ecosystem, with a total of over 600,000 users upon the closing of the Bitbuy and Sun Machine acquisitions.

Closing of the Bitbuy acquisition, expected in Q1 2022, brings an additional 389,000 registered users to the ecosystem. Bitbuy recorded a 58% increase in new user registrations in Q4 2021 compared to Q3 2021.

The WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)  app successfully launched on January 25th, 2022, and has since recorded over 25,600 unique visits, and the average number of daily sign-ups has continued to grow since the initial launch, with a 255% week over week increase in the final week of February.

The launch of WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) Interactive alongside the Go Big! Game franchise brings over 200,000 users on iOS and Android. NFT support features will be added to the WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)  app in 2022 to create a bridge between gaming and crypto users upon the closing of the acquisition of Sun Machine.

With an estimated average lifetime value of $800 for each user of centralized crypto trading platforms like Bitbuy, it is expected that through the inclusion of other WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) products such as DeFi and play to earn gaming, a typical WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)  ecosystem user will be worth more in the future with the integration of these additional products and solutions.

Ben Samaroo, Chief Executive Officer of WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) commented: “Within a very short timeframe we have achieved over half a million users and have continued to focus on offering a diverse set of high-quality products to those users. The strong synergies between CeFi, DeFi, gaming, and NFTs provide us with a tremendous opportunity to continue to grow our user base, increase the value of each user which increases the value of the WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)  ecosystem.”

https://microsmallcap.com/wonderfi-reports-over-600000-users-across-ecosystem
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